By 2026, JSW MG Motor intends to invest ₹4,000 crore and introduce four new NEVs in India.

As it intensifies its focus on new energy vehicles (NEVs), JSW MG Motor India is getting ready for a significant expansion in the nation. The company expects to invest ₹3,000–4,000 crore and introduce four new vehicles in 2026. The business is a joint venture between SAIC Motor of China and JSW Group. 

The proposed investment will assist future product launches, speed up localization efforts, and increase production capacity at its Halol factory in Gujarat. With an installed capacity of roughly 1.1 lakh units per year, the Halol facility produced between 70,000 and 72,000 automobiles last year. 

For 2026, JSW MG Motor has planned four new models: one through its premium MG Select channel and three under its mainstream MG brand. The corporation has already made its debut in the D-plus SUV market with the introduction of the first of these, the MG Majestor. All future introductions will be NEVs, including plug-in hybrids and battery electric cars. 

As MG expands its footprint in India’s rapidly expanding EV industry, Managing Director Anurag Mehrotra stated that while the company will continue to provide internal combustion engine models, its “centre of gravity” will remain firmly focused on new energy vehicles. 

Source – The Times of India