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'MG Motor India to focus on profitability, growing ops'Rajeev Chaba, president of MG Motor India, said the company broke even last month and aims to make "some money" in the ongoing calendar yea...24 Apr, 2023, 04.38 PM IST- MG Motor expects 30 pc of sales to come from EVs this year; gears up to drive in electric hatch CometChaba said the automaker has invested between Rs 600-700 crore on the development of Comet which would be rolled out from its Halol-based p...23 Apr, 2023, 12.12 PM IST
- MG Motor expects EVs to account for a fourth of its sales in IndiaThe company owned by China’s largest carmaker SAIC Motor is set to launch its first EV in the mass market in the next few weeks. It expects...10 Mar, 2023, 09.12 AM IST
- MG Motor's upcoming EV named as 'Comet'"Urban mobility is at a point of inflexion where new age solutions are needed to address both the current as well the forthcoming challenge...02 Mar, 2023, 03.35 PM IST
- MG Motor to launch affordable EV car in bid to compete with Tata in Indian marketThe vehicle is likely to be priced between Rs 11 and 15 lakh. The company already has on offer the ZS EV, which is locally manufactured at ...17 Oct, 2022, 10.01 PM IST
- MG Motor India expects to turn profitable next year on higher salesThe company, which has been impacted by acute supply chain constraints, is looking to close the current year with sales of around 55,000-56...10 Oct, 2022, 09.42 PM IST
- MG Motor looks to clock a fifth of sales from EVs"We expect huge volumes from this car. It is going to be developed on the Global Platform for Emerging Markets," said Rajeev Chaba, preside...10 Dec, 2021, 07.32 AM IST
- MG Motor India to drive in an electric vehicle at Rs 10-15 lakh by next fiscal"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 th...09 Dec, 2021, 10.39 AM IST
- MG Motor India hopes to double sales this year riding on new SUV AstorIncidentally, MG Motor is operating at 60-70% of potential capacity currently due to the shortage of semiconductors. While the supply of th...18 Sep, 2021, 07.15 AM IST
- MG Motor to invest Rs 2,500 crore by 2022-end to ramp up Halol plant capacity"We have done an investment of Rs 3,000 crore already, and by the end of next year, we will do another Rs 2,500 crore. We will reach a tota...22 Aug, 2021, 11.48 AM IST
- MG Motor India to launch sub-20 lakh electric vehicle next year: MD Rajeev ChabaRajeev Chaba, president and managing director, MG Motor India told ET, the company has commenced work to set up a battery assembly facility...14 Jan, 2021, 01.47 PM IST
- MG Motor India plans Rs 1,000 crore investment to boost capacity and increase localisation levels“We will invest an additional Rs 1,000 crore between now and September 2021. Some of this will be used to increase capacity at our existing...25 Sep, 2020, 10.31 AM IST
- Domestic auto sales may drop up to 25% this fiscal: MG Motor IndiaWith the health crisis likely to peak in April-June period, the expectation is that sales in the quarter will decline by as much as 40-50 p...19 Apr, 2020, 11.27 AM IST
- MG Motor plans hostel facility for female employees at Halol plant"With the world facing an unprecedented crisis, it becomes imperative for employers to ensure that their employees are healthy, safe, and s...09 Apr, 2020, 04.33 PM IST
- MG Motor working on affordable EV conceptMG Motor India managing director Rajeev Chaba said the company had already started working on the project, taking cues from the requirement...06 Dec, 2019, 09.20 AM IST
- MG Motor to retain diesel option after BS-VI switchOn the basis of this, we will decide on introducing BS VI-compliant diesel engines in our vehicles,” said Rajeev Chaba, president of MG Mot...28 Jun, 2019, 08.22 AM IST
- MG Motor unveils first SUV Hector, to expand portfolio to 4 by 2020-endThe 48V hybrid SUV comes with 19 'exclusive features' that make it the new benchmark in its segment.15 May, 2019, 08.59 PM IST
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