JSW-MG Motor eyes 33% EV mkt share by 2030
NEW DELHI: Billionaire Sajjan Jindal wants to disrupt India’s electric passenger vehicle (PV) industry by recreating the “Maruti moment” of the early 1980s.
His steel-to-port conglomerate JSW Group and China’s SAIC Motor on Wednesday finalised joint venture (JV) ‘JSW MG Motor India Pvt Ltd’. MG Motor is a legacy British brand owned by Shanghai-headquartered SAIC Motor.
