JSW Group in talks with MG Motor, BYD India for electric vehicle push

The JSW Group is engaged in discussions with Chinese car manufacturers MG Motor India and BYD India for its proposed electric vehicle (EV) foray.

A JSW Group spokesperson declined to comment. But sources indicated that talks were on for a minority stake in MG Motor India. But MG wasn’t the only player that JSW was engaged in discussions to power its plans, BYD India was also in the play.

While MG Motor started selling cars in the country 2019 onwards, BYD launched its first passenger car in India last year.