JSW MG Motor to foray into accessible luxury segment, sets up new channel

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JSW MG Motor to foray into accessible luxury segment, sets up new channel - Business Standard

Quick Summary:

JSW MG Motor India will enter the 'accessible luxury' segment with plans to introduce four new energy vehicles in the next two years for which it is setting up a new retail channel brand, 'MG Select', according to company Chief Growth Officer, Gaurav Gupta.

"With MG Select we will be bringing in four new products over the next two years to begin with," Gupta told PTI here.

So, it will have plug-in hybrids, hybrids and electric vehicles," said Gupta, however, he clarified that MG Select is not purely an EV channel.