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Thursday, November 21, 2024
HomeLatest Car NewsMG Motors planning to introduce sub-10 lakh cars in India

MG Motors planning to introduce sub-10 lakh cars in India

The Chinese-owned British carmaker is delighted with the response from the Indian market for the Hector and ZS EV. MG Motors is now planning to enter the sub-10 lakh price segment too. This segment is a popular one in the country with major brands already offering many cars in this range.

MG Motors is structuring the next phase for expanding the line-up with a new production facility in India. The new facility will be able to produce around 2 lakh vehicles per year. SAIC will invest in addition to the 5,000 crores initially planned for the market.

Rajeev Chaba, MD and President of MG Motors has confirmed that the carmaker is readying multiple cars across multiple segments. He has stated company’s plans to introduce a sub-10 lakh electric car, the segment in which this price is tapped by very few companies at this time.

MG Motors planning to introduce sub-10 lakh cars in India
MG Motors planning to introduce sub-10 lakh cars in India

We can expect the MG Motors to launch the Baojun RS-3 compact SUV, which was launched in China last year, under its name. It will lock horns with the likes of Hyundai Creta, Kia Seltos, Maruti Vitara Brezza, and Nissan Kicks.

The Baojun RS-3 is expected to be powered by a 1.5-litre naturally-aspirated petrol engine. The engine has 103hp of power with 135Nm of peak torque. CVT or a 6-speed manual gearbox will be the transmission option.

MG will also launch a 6-seat Hector SUV at the Auto Expo 2020. It will get a different name and revamped design. Company will also launch the Maxus D90 based SUV which will rival the Toyota Fortuner and Ford Endeavour in India.

Ritvik Gupta
Ritvik Guptahttps://gomechanic.in/blog
Ex-Technical Content Developer at GoMechanic | Automobile enthusiast with a knack to decode it for everyone | Automobile Engineer by passion

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