China’s MG Motor banks on EV portfolio in India

MUMBAI: In a bid to differentiate itself in the highly competitive Indian passenger vehicles space, China’s largest car maker Shanghai Automotive’s MG Motor is banking on cleaner and electrified vehicle portfolio.

With a plan of electrifying majority of its five SUV product portfolio planned for India in coming 24 months, apart from introducing the 48 volt mild hybrid in its first mid-size SUV Hector, MG Motor also plans to locally make its electric vehicle eZS.

The electric car is likely to be priced between Rs 25 lakh and Rs 30 lakh and it will have 350 km range. The vehicle will be assembled at MG Motor’s facility in Halol, Gujarat, starting January 2020, the company’s managing director Rajeev Chaba told ET.

The company is of the opinion that going ahead, hybrids will be a strong alternative to diesel cars as the nation moves towards more stringent BS-VI emission norms.