Wednesday, May 10, 2023

MG Motor aims to boost local manufacturing investment in India, plans IPO by 2028

MG Motor aims to boost local manufacturing investment in India, plans IPO by 2028 To support the widespread adoption of electric vehicles, MG Motor will strengthen local manufacturing of EV components and establish a battery assembly unit in Gujarat. The company also plans to explore hydrogen fuel-cell technology to reduce its carbon footprint

from Moneycontrol Business News https://ift.tt/bXvhCye

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