NewsBytes
    Hindi Tamil Telugu
    More
    In the news
    Narendra Modi
    Amit Shah
    Box Office Collection
    Bharatiya Janata Party (BJP)
    OTT releases
    Hindi Tamil Telugu
    NewsBytes
    User Placeholder

    Hi,

    Logout

    India
    Business
    World
    Politics
    Sports
    Technology
    Entertainment
    Auto
    Lifestyle
    Inspirational
    Career
    Bengaluru
    Delhi
    Mumbai

    Download Android App

    Follow us on
    • Facebook
    • Twitter
    • Linkedin
    Home / News / Auto News / JSW-MG Motor joint venture to launch 5 cars by 2025
    Summarize
    Next Article
    JSW-MG Motor joint venture to launch 5 cars by 2025
    The first car will be out this Diwali

    JSW-MG Motor joint venture to launch 5 cars by 2025

    By Dwaipayan Roy
    Jul 17, 2024
    03:31 pm

    What's the story

    JSW Group and MG Motor will launch their first car, a crossover utility vehicle (CUV) named the Cloud EV, this Diwali.

    It should be priced under ₹20 lakh. The Indian joint venture will launch five new energy vehicles by 2025.

    Rajeev Chaba, CEO Emeritus of the company, stated, "The JV has approved 5 new vehicles. Two premium cars and three mass market cars. They will all be new energy vehicles including electric, mild hybrids and strong plug-in hybrid vehicles."

    Expansion plans

    Indian JV aims for accelerated growth

    The joint venture between JSW Group and MG Motor India is on a fast track to growth, with plans to increase capacity to three lakh units in the next 3-5 years.

    "Majority of this capacity is likely to be for electric vehicles," Chaba said.

    Reports indicate that both Sajjan Jindal and Parth Jindal, are closely involved with the upcoming launches, focusing on increasing localization and cost efficiency.

    Policy suggestions

    CEO advocates for policy changes favoring EVs

    Chaba emphasized that future policy making must consider tailpipe emissions.

    He suggested, "When we compare electric cars to hybrids we should make a clear distinction between mild and strong plug in hybrids. We should not mislead people by offering mild hybrid technology as plug in hybrid electric vehicles."

    He also confirmed that the company's focus is on localizing electric vehicle manufacturing in India.

    New launches

    Upcoming models to include mass-market and premium vehicles

    The joint venture plans to launch three mass-market vehicles and two premium cars as part of their new energy vehicle lineup.

    Chaba confirmed, "Three of these will be mass-market models while the other two will be premium offerings."

    The first mass-market model, a crossover, is expected to launch in the September-October period.

    Future lineup

    Potential models and updates to existing products

    The second mass-market model is likely to be the Bingo hatchback, and the third will be a new D-segment SUV.

    While details about the premium offerings remain scarce, possibilities include the MG Cyberster, a two-door electric sportscar showcased in India, and the R7 coupe-SUV.

    Alongside these new launches, MG also plans updates to existing products such as the Gloster and Hector.

    Facebook
    Whatsapp
    Twitter
    Linkedin
    Related News
    Latest
    MG Motor
    Electric Cars
    India

    Latest

    How NASA revived Voyager 1's dead thrusters after 20 years NASA
    Did Shraddha exit Ektaa Kapoor's film over payment dispute? Bollywood
    Israeli airstrike kills 24 Palestinians in Khan Younis Egypt
    Babil exits Sai Rajesh's upcoming drama after online feud  Babil Khan

    MG Motor

    Top 5 fast-charging battery electric vehicles (BEVs) in India Electric Vehicles
    MG Gloster (facelift) spotted testing: Check design and features MG Gloster
    Seven-seater car launches in 2024: Mahindra, Tata, Kia, and MG Mahindra
    ICOTY 2024 contenders announced; 4 are from BMW BMW

    Electric Cars

    Tesla slashes prices of cars globally amid falling sales Tesla
    MG Motor's UFO-inspired EXE181 concept EV breaks cover: Check features MG Motor
    MINI Aceman EV debuts with circular OLED touchscreen, 400km range MINI
    Tata Safari.ev found testing in India: What to expect? Tata Motors Ltd

    India

    SUV demand fuels 19% growth in Indian auto industry valuation SUV Cars
    General Catalyst merges with Venture Highway to expand in India Finance
    Indian banks face ATM shortage, seek RBI and government intervention Government of India
    India's first EV and new-age automotive ETF debuts next week Mutual Funds
    Indian Premier League (IPL) Celebrity Hollywood Bollywood UEFA Champions League Tennis Football Smartphones Cryptocurrency Upcoming Movies Premier League Cricket News Latest automobiles Latest Cars Upcoming Cars Latest Bikes Upcoming Tablets
    About Us Privacy Policy Terms & Conditions Contact Us Ethical Conduct Grievance Redressal News News Archive Topics Archive Download DevBytes Find Cricket Statistics
    Follow us on
    Facebook Twitter Linkedin
    All rights reserved © NewsBytes 2025