Adani Unit to Set up EV Charging Stations at New MG Dealerships
A unit of a joint venture between Adani group and French energy giant TotalEnergies will set up EV charging stations at new MG dealerships to bolster the charing network, the company said on Monday. “Adani TotalEnergies E-Mobility Limited (ATEL), a…
MG Motor India Reports Sales of 4532 Units in Feb— Comet, Astor, Hector, ZS EV
MG Motor India announced its retail sales numbers for February 2024, totalling 4532 units. The company registered a growth of 18% over the previous month, January 2024, with 3,825 units sold during the same period last year. In December 2023,…
MG To Launch Up To 5 EVs In India By 2028
MG Motor has announced its strategic five-year business roadmap for sustainable growth in India. And among the many policies, the carmaker has revealed their plan of introducing up to five EVs in the country by 2028. To do this, the…
MG Motor Plans A Second Plant In India And Rs.5000 Cr Investment
After recently announcing a growth of over 69% in the first quarter of this year over Q4 2021, MG Motor India Private Limited according to reports, is planning to raise up to 5,000 crore in additional funds via external commercial…
MG Motor India Plans To Raise INR 5000 Crore For A Second Plant
MG Motor India is reportedly planning to raise fresh funds of up to ₹ 5,000 crore through external commercial borrowings (ECBs) or private equity route. According to a report on Time of India, the funds will go towards setting up…
MG Motor Announces New Venture To Build EV Charging Infrastructure
MG Motor India on Thursday announced a new venture, MG Charge, to build charging infrastructure for electric vehicles with an aim to install 1,000 chargers in residential areas across India in 1,000 days. As part of the initiative, the company…
