JSW MG Motor India plans to raise the prices of all its car models by as much as 3% starting in January.
JSW MG Motor is now part of the group of car manufacturers in India that have declared they will increase prices on their range starting in January 2025. This British carmaker has followed in the footsteps of Maruti Suzuki and Hyundai Motor, who also recently announced price hikes. MG Motor stated that prices will go up by as much as three percent, varying depending on the model. In India, MG Motor offers SUVs such as the Astor, Hector, and Gloster, as well as electric vehicles like the ZS EV, Comet EV, and Windsor EV.
JSW MG Motor India has shared that starting January 2025, they will be increasing prices by up to 3% on all their products. The decision comes as a response to the ongoing increase in input costs and other external factors, as stated by the company supported by SAIC Motor. “Minor price adjustments are inevitable to offset the rising input costs. While we try to minimize its impact on our customers, a marginal price increase shields us from inflationary challenges”.
MG Hector Plus SUV Adds 2 New Variants Starting at Rs 19.71 Lakh
The company achieved a significant milestone following a total of 6,019 units sold in November 2024. Based on SIAM data, the automotive firm experienced an increase of 1,865 units, marking a growth of 44.9% compared to the previous year. Conversely, there was a decrease of 1,026 units, leading to a 14.6% drop in sales for the month.
Concerning electric vehicle (EV) sales, the company sold a total of 3,126 units. Based on information from Vahan Portal, the company experienced a 15% increase compared to October 2024. In comparison to November 2023, JSW MG Motor India witnessed a significant growth of 227%.
Also Read: MG Windsor EV Launched At Rs 9.99 Lakh, Battery Rental Optional
JSW MG Motor EV Vehicles
JSW MG Motor India has introduced three electric vehicles in India. These include the MG Comet EV, the Windsor EV, and the ZS EV. Additionally, the company has unveiled a battery-as-a-service program. The MG Comet EV is available starting at Rs 4.99 lakh (ex-showroom) plus Rs 2.5/km for the battery rental. The Windsor EV is priced at Rs 9.99 lakh (ex-showroom) plus an additional Rs 3.5/km for renting the battery. On the other hand, the ZS EV comes at a price of Rs 13.99 lakh (ex-showroom) with an extra charge of Rs 4.5/km for renting the battery.