MG Motor working on sub-₹10 lakh EV
Morris Garages (MG) Motor India on Thursday said it is working on a sub-₹10 lakh electric car for the Indian market.
Speaking on the sidelines of an event to unveil its electric sports utility vehicle (SUV) – ZS, Rajeev Chaba, President and Managing Director, MG Motor India, said, “If electric vehicle (EV) has to become mainstream, the price point has to be less than ₹10 lakh. You have to have a smart concept…we are looking at that smart concept right now.”
He said the company is yet to decide on the shape of the car, the volumes to be produced and where to produce it.
