Rising fuel costs accelerate EV shift; MG bets bigger on plug-in hybrids

JSW MG Motor India is increasing its focus on new-energy vehicles. The company anticipates NEVs will comprise eighty percent of its sales this year. Passenger vehicle EV penetration has now climbed past eight percent in June. MG plans to enter the plug-in hybrid segment later this financial year. New models will use India's first multi-new-energy vehicle platform.

Raccontata daeconomictimes.indiatimes.comthehindubusinessline.comtimesofindia.indiatimes.com