MG Motor India to drive in electric vehicle at Rs 10-15 lakh by next fiscal
Automaker MG Motor India said that it will “drive” an electric vehicle priced between Rs 10-15 lakh by the end of the next fiscal.
At present, the company sells electric SUV ‘ZS EV’ which is available in two variants, priced at Rs 21 lakh and Rs 24.68 lakh (ex-showroom). It plans to launch an electric crossover vehicle based on a global platform but customised for the Indian market as its next new product.
“Our next product after SUV Astor, we have been thinking about an EV and now we have been very encouraged with the absolute clarity from the government side that the EV is the way to go,” MG Motor India President and Managing Director Rajeev Chaba said.
