MG Motor India Reports 2% Increase in Retail Sales for November
MG Motor India has announced a 2 per cent year-on-year increase in retail sales, with 4,154 units sold in November 2023 compared to 4,079 units in the same period last year. This growth reflects the company’s continued momentum in the Indian automotive market, driven by robust demand for its diverse vehicle lineup.
Continued Growth in EV Sales
MG Motor India highlighted the significant contribution of electric vehicles (EVs) to its overall sales performance, with EVs accounting for approximately 30 per cent of total vehicles sold last month. This underscores the increasing acceptance and adoption of electric mobility solutions among Indian consumers.
Focus on EV Infrastructure
The recent collaboration with Charge Zone reaffirms MG Motor India’s commitment to enhancing EV infrastructure across the country. Through this partnership, MG Motor India has expanded its network of charging stations to over 12,000 units, facilitating convenient and accessible charging solutions for EV owners nationwide. This strategic initiative aims to address one of the key challenges associated with EV adoption and accelerate the transition towards sustainable transportation.
In conclusion, MG Motor India’s positive sales performance in November, coupled with its focus on expanding EV infrastructure, reflects the company’s commitment to driving innovation and sustainability in the Indian automotive industry. As the demand for electric vehicles continues to grow, MG Motor India is well-positioned to capitalize on emerging opportunities and reinforce its position as a leading player in the Indian automotive market.