MG Motor India sells 4,532 units in February 2024, EVs contribute 33% of total sales
The company registered a growth of 18% over the previous month.
MG Motor India today announced its retail sales numbers for February 2024, totalling 4,532 units. The company registered a growth of 18% over the previous month, January 2024, with 3,825 units sold in that month.
Electric vehicles (EVs) continue to contribute a significant share of the carmaker’s overall vehicle sales, accounting for approximately 33% of the total units sold in February 2024.
This surge in sales highlights the growing consumer interest in electric vehicles in India, aligning with the global trend towards cleaner and more sustainable modes of transportation.
Additionally, the company is gearing up to work on potential logistics issues due to disruption in global shipping as a consequence of various international events.
RELATED ARTICLES
Bajaj Auto’s February sales grow 24% YoY; Domestic two-wheeler sales up 45%
Domestic commercial vehicle sales came in at 36,367 units, up 10% on year. Exports also grew 31% to 15,611 units.
Revealed: The 15 carmakers in Top 100 Global Brands of 2022
Though technology brands continue to dominate the ranking, the automotive industry with 15 brands and US$ 347 billion of...
CNG price hits Rs 80 a kg, up by 62% in 18 months
With the narrowing of the price differential between CNG and petrol-diesel, the rationale of much-cheaper cost of owners...