JSW MG Motor India achieved its highest-ever monthly wholesale sales in June, with a 30% year-on-year increase to 7,568 units. Electric vehicles dominated over 75% of these sales, driven by rising fuel costs and lower running expenses. The company also reported strong demand for its internal combustion engine models and has begun deliveries of the new MG Majestor SUV, showcasing a robust overall portfolio performance.

A combination of primary infusion and secondary share sale is planned as valuation doubles to $3 billion in 3 years. Sajjan Jindal led group is set to emerge as the single largest…

JSW MG Motor India achieved its highest-ever monthly wholesale sales in June, with a 30% year-on-year increase to 7,568 units. Electric vehicles dominated over 75% of these sales,…

Overall, June EV sales grew 75.27% year-on-year (YoY) to around 1.86 lakh units from 1.06 lakh units in the same period last year. TVS Motor Company retained its lead in the…