In a momentous celebration of its 100th anniversary, MG Motor India has announced a new price list for its 2024 model lineup. Among the highlights is a significant reduction of INR 1 lakh in the price of the 2-door electric car, MG Comet EV, now available at INR 6.99 lakh, down from its previous price of INR 7.98 lakh. Additionally, other models like MG Hector, Astor, and Gloster SUVs see price adjustments, now priced at INR 14.94 lakh, INR 9.98 lakh, and INR 37.49 lakh, respectively.
Unveiling the New Variant: MG ZS EV Executive Trim
Beyond price adjustments, MG Motor India introduces the Executive Trim in its MG ZS EV model lineup, with a showroom price of INR 18.98 lakh. This unveiling is a part of the elaborate festivities marking MG Motor India’s completion of a century. The ZS EV boasts a 50.3kWh prismatic cell battery, providing an impressive range of 461 kilometers on a single charge. On the other hand, the MG Comet EV features a 17.3kWh battery pack, offering an ARAI-certified range of 230 kilometers.
MG Shield 360: A Continuing Benefit for MG Vehicle Buyers
Customers purchasing MG vehicles will continue to benefit from MG Shield 360, presenting a comprehensive package inclusive of a five-year warranty, five years of hassle-free services, five years of roadside assistance, and various other perks. MG Motor India boasts a network of over 300 outlets nationwide, ensuring accessibility and support for its customers.
Major Investments on the Horizon
In a bold move towards its ambitious plans for India, MG Motor has crafted a five-year roadmap entailing an investment of approximately INR 5,000 crores. This initiative includes the launch of five new products, the establishment of a second manufacturing facility, and the setup of a battery assembly plant. The majority of MG’s upcoming offerings will be electric vehicles, with the aim of achieving 65-75% EV sales in India by 2028. A new manufacturing plant in Gujarat is in the works, increasing production capacity from 120,000 to 300,000 units. Furthermore, the company is contemplating investments in advanced and clean technologies, including hydrogen fuel cells and EV cell manufacturing.
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