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MG Motor India showcases its EV portfolio at the Vibrant Gujarat Global Summit 2024, ET Auto

MG Motor India showcases its EV portfolio at the Vibrant Gujarat Global Summit 2024, ET Auto

by admin
January 14, 2024
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<p>As a significant contributor to the state’s economy, MG has invested INR 7,000 crore in Gujarat, rolling out over 2,00,000 cars from its manufacturing plant in Halol, Gujarat. </p>
As a big contributor to the state’s economic system, MG has invested INR 7,000 crore in Gujarat, rolling out over 2,00,000 vehicles from its manufacturing plant in Halol, Gujarat.

New Delhi: MG (Morris Garages), a British car model with a 100-year-old legacy, showcased its EV portfolio on the Vibrant Gujarat World Summit 2024. The second-largest EV vendor within the passenger automobile section within the nation, MG’s reiteration of its robust dedication to the sector, and the steps it has taken to spice up the EV ecosystem within the nation discover resonance with the summit’s theme of ‘Electrical Mobility’.As a big contributor to the state’s economic system, MG has invested INR 7,000 crore in Gujarat, rolling out over 2,00,000 vehicles from its manufacturing plant in Halol, Gujarat. As a part of its continued concentrate on the state, the corporate additionally goals to reinforce localization, introduce extra skilling initiatives, and enhance its manufacturing capability. As well as, MG can be exploring native manufacturing of EV elements, establishing a battery meeting unit within the state, and cell manufacturing and hydrogen fuel-cell expertise deployments, by joint ventures and third-party collaborations.

Rajeev Chaba, CEO Emeritus, MG Motor India, stated, “We’re delighted to be a part of the Vibrant Gujarat Summit 2024, reaffirming our robust relationship with this nice state. Grounded in MG’s century-old custom of innovation, our dedication to constructing future-proof expertise stays steadfast. Gujarat’s business-friendly surroundings and pioneering insurance policies have made it a compelling vacation spot for our investments, notably in electrical automobiles (EVs). Our EV portfolio contributes to 25% of our general gross sales, and these are all proudly manufactured at our Halol plant in Gujarat. Our profitable journey within the state displays a shared dedication to progress. Trying forward, we eagerly anticipate the continued deepening of our relationship with Gujarat within the years to return”

As an early mover within the EV house, MG has been specializing in growing each product choices and the bigger ecosystem. Alongside its merchandise and buyer programmes, the corporate has created a strong EV surroundings with its 6-way charging infrastructure and put in greater than 15,000 charging touchpoints, together with public and residential chargers, nationwide. The corporate can be working with its many companions to arrange EV charging infrastructure and for battery recycling, reuse, and life extension.

MG Motor India envisions a future the place electrical automobiles play a pivotal position in shaping the automotive panorama, and is dedicated to main this cost with innovation, high quality, and a customer-centric method, the corporate stated in a media launch.

  • Printed On Jan 10, 2024 at 04:36 PM IST

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Tags: AutoGlobalGujaratIndiaMotorportfolioshowcasesSummitVibrant

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