JSW MG Motor sees early gains from luxury play, rivals take note

“India’s premium EV segment is at an inflection point and is poised for a strong expansion over the next few years, further elevating the competitive landscape with new entries like Tata’s Avinya and Hyundai’s Genesis. However, MG has taken an early lead with its ‘MG Select’ initiative, positioning itself as a first mover in a luxury-focused EV ecosystem,” said Puneet Gupta, director, S&P Global Mobility.