MG Motor India to Launch 5 New Cars by 2025 End
MG Motor India has an ambitious plan to launch five new models by the end of 2025, expanding its portfolio with a mix of electric vehicles (EVs) and internal combustion engine (ICE) cars. Rajeev Chaba, President and Managing Director of MG Motor India, recently confirmed the strategic move in collaboration with JSW Group, which has a 35% stake in this joint venture. This partnership, announced in late 2023, aims to enhance MG’s presence in the Indian market and ramp up production capacity.
The partnership deal of SAIC Motor with JSW Group in India is a perfect sign of reaching out in the roadmap of MG Motor India. Since the MG has set a long-term target of expanding its sales horizons and it plans to do so in the market with the support of JSW, both NEVs and the traditional ICE models will be launched. This partnership is expected to increase production capacity of MG to meet the new changes in demand in the Indian automobile market which requires many options.
Though specific details about the upcoming models are under wraps, Chaba has hinted at a few exciting prospects:
A Spacious Crossover The first model is expected to debut in September or October 2024. This vehicle is touted to blend the comfort of a sedan with the utility of an SUV, targeting a price range between ₹10 lakh and ₹20 lakh. Speculations suggest that this could be the MG Cloud EV, a crossover-styled MPV that has been spotted testing in India. This model promises to offer ample space and a host of features, appealing to both family-oriented buyers and tech-savvy consumers.
An Entry-Level Electric Hatchback Next in line could be an electric hatchback designed to challenge the Tata Tiago EV's dominance in the entry-level EV segment. Likely named the MG Bingo, this model might share its platform and powertrain with the MG Comet EV. The Bingo is expected to feature a 31.9kWh battery pack, providing a range of approximately 333 km, making it a strong contender in the affordable EV market.
A New D-Segment SUV MG is also developing a new D-segment SUV, which may be available with both electric and plug-in hybrid (PHEV) powertrain options. This SUV, potentially based on the Wuling Starlight S, is expected to measure around 4.8 meters in length, offering substantial space and versatility. This model will cater to the growing demand for larger, more luxurious SUVs in the Indian market.
The MG Cyberster For enthusiasts and those seeking a premium experience, MG plans to introduce the Cyberster, a two-door electric sports car. This model aims to showcase MG's prowess in electric mobility and high-performance vehicles, appealing to a niche but growing segment of performance-oriented EV buyers.
The MG R7 Coupe SUV Additionally, MG is expected to launch the R7, a coupe SUV targeting the premium segment. This model will likely combine sleek, sporty aesthetics with advanced technology and performance, catering to buyers looking for a blend of style and substance.
MG Motor India’s aggressive expansion plan aligns with the country’s evolving automotive landscape, which is witnessing a significant shift towards electric mobility. By introducing a diverse range of vehicles, MG aims to capture a broad spectrum of consumers, from budget-conscious buyers to luxury seekers.
The strategic partnership with JSW Group enhances MG’s ability to scale production and ensure a steady supply of vehicles to meet market demand. As the first model rolls out in late 2024, followed by subsequent launches, MG is set to strengthen its foothold in the competitive Indian automotive market.
MG Motor India's upcoming launches signify a robust strategy to expand and diversify its portfolio in the Indian market. With a mix of crossovers, electric hatchbacks, SUVs, and sports cars, MG aims to cater to a wide range of consumer preferences. As the first model hits the showrooms later this year, automotive enthusiasts and potential buyers eagerly await the arrival of these new and exciting offerings.
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