JSW readies own EV brand
Financial Express Mumbai|December 03, 2024
JSW Group, which had entered into a joint venture with China's largest automaker SAIC Motor earlier this year to manufacture and retail MG Motor's electric vehicles (EVs), is now gearing up to launch its own EV brand.
FE BUREAU
JSW readies own EV brand

In an interview with the Financial Times, JSW Group chairman Sajjan Jindal said the company does not want to serve as an "outpost of a Chinese company". "Our idea is not to be an outpost of a Chinese company to sell products in India. We want to manufacture the products in India, value-add in India, and sell in India," Jindal said.

He also said that JSW's planned car plant in Aurangabad, Maharashtra, will be dedicated to this new EV-focused venture.

Jindal, however, did not provide additional details about the specific models or investment plans, according to the FT report.

この記事は Financial Express Mumbai の December 03, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Financial Express Mumbai の December 03, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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