VIDEO - 'EVs to Hit 7% Penetration by Year-End': JSW MG Motor India's Anurag Mehrotra

In this conversation, Anurag Mehrotra, MD of JSW MG Motor India, outlines the key trends reshaping both the company and the wider auto industry. He discusses how long-awaited GST reforms are impacting pricing and how rising customer inquiries signal growing demand.

Mehrotra explains the steps MG has taken to address dealer concerns, including holding back wholesales to support partners, and reflects on the pressures the industry is facing even as EV penetration crossed 6% in August.

He highlights the declining acquisition cost of EVs, projects India’s auto market to reach six million vehicles in 10 years at a 5–6% CAGR, and expects EVs to cross 7% market share by year-end with EVs and hybrids together hitting 30% in a decade. He also shares JSW MG’s vision to lead in the new energy space with 70–80% of its portfolio going electric or hybrid, underscores how the SAIC partnership is enabling faster product launches, and notes the success of MG Select with 170 units sold last month.

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