JSW MG to move away from conventional vehicles, focus on NEVs: MD Jindal
JSW MG Motor India intends to move away from conventional internal combustion engine vehicles as it focuses on new energy vehicles for the future, company Director Parth Jindal said on Wednesday.
The company, which on Wednesday launched its electric crossover utility vehicle 'MG Windsor' -- the first launch after JSW Group invested in MG Motor India -- has set a target to introduce a new car every four to six months and is eyeing over 50 per cent of its total sales to come from electric vehicles in 2024.
"We want to bank on the new energy vehicles (NEVs). So, whether that is strong hybrid, plug-in hybrid, or battery electric vehicles, these will be the cornerstone of MG going forward," Jindal said in an interaction with reporters on the sidelines of the launch.
He further said, "The traditional ICE (internal combustion engine), as we call it, without even a mild hybrid option, is something that we want to do away with. We are not very keen on bringing that into the country."
Howeve