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Showing posts with the label MG Motors

Auto Expo 2020: Asia's biggest motor show ends; draws over 608,000 visitors

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Asia’s biggest motor show drew to a close on Wednesday bringing the curtains down on the six-day extravaganza. Even though it fell short of the overall number of participation, it was one of the biggest in terms of partaking by new entrants. Beating the slowdown that has sapped buyer’s sentiments and hit volumes at auto companies for the past year-and-a-half, a total of 608,526 people visited the show at the Great Noida Expo Mart between February 7 and 12, according to Society of Indian Automobile Manufacturers (Siam). With a peek into the future of mobility via green technologies, the exposition included 352 product displays from 108 exhibitors. This included eight global premiers and over 70 launches and unveils. It also comprised introduction of 35 electric vehicles and 15 concepts. Though many manufacturers gave the show a miss, those who participated believed in it as a platform to rekindle interest in a slowing market. Read Complete Article

Tatas raise the EV game with attractive price on high-level localisation

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Tata Motors’ strategy of adopting a very competitive pricing for the Nexon EV will prompt its rivals — Maruti Suzuki India as well as Mahindra and Mahindra (M&M) — to package their offerings in a manner that attracts buyers. High pricing of electric vehicles (EVs) has been a key deterrent for buyers. With a price starting from Rs 13.99 lakh to Rs 15.99 lakh, the Nexon is the first EV offering in the mass sports utility vehicle (SUV) segment. M&M is set to unveil its electric compact SUV version of the XUV300, while Maruti will be taking wraps off the electric variant of the Wagon R at the Auto Expo next month. Earlier this month, MG Motors launched its EV vehicle, the ZS. Over the next two years, Tata Motors will introduce four more EV models, including two SUVs, a sedan and a hatchback, as it seeks to be in the leadership position. Here you can also read Budget2020 News