MG Motor India Plans New Electric Car Launch

12 Jul 2024 CW Team

MG Motor India is gearing up to launch a new electric car model aimed at competing with Tata's Curvv EV, according to the Economic Times. This strategic move underscores MG's commitment to expanding its electric vehicle portfolio and capturing a larger share of India's growing EV market.

The upcoming electric car is expected to feature advanced technology and sustainable design elements, catering to environmentally conscious consumers. MG aims to position the new model as a compelling choice in the competitive electric vehicle segment, leveraging its expertise in electric mobility and innovation.

The launch aligns with MG Motor's global strategy to promote cleaner mobility solutions and support India's transition towards electric vehicles. The company plans to capitalize on increasing consumer interest in electric cars by offering a blend of performance, efficiency, and cutting-edge features in its new offering.

Industry observers anticipate that MG Motor's new electric car will intensify competition in the EV market, stimulating innovation and driving adoption across the country. As part of its commitment to sustainable transportation, MG Motor aims to contribute to reducing carbon emissions and promoting greener mobility options.

The introduction of the new electric car underscores MG Motor India's ambition to lead the charge in India's electric vehicle revolution, catering to diverse customer preferences and accelerating the adoption of electric mobility solutions nationwide.

Infrastructure Urban

04 May 2026

Jyoti Structures FY26 profit rises 56.5%

Jyoti Structures (JSL) recently reported strong financial results for the quarter and year ended 31 March 2026, driven by disciplined execution, cost management and steady progress across its order book.For Q4 FY2025-26, total income rose 44.2 per cent to Rs 2.41 billion from Rs 1.67 billion in Q4 FY2024-25. EBITDA increased 58.6 per cent to Rs 237 million, while EBITDA margin improved by 89 basis points to 9.84 per cent. Profit before tax grew 53.3 per cent to Rs 188.5 million, and net profit rose 51.9 per cent to Rs 181.4 million.For FY2025-26, total income grew 53.1 per cent to Rs 7.72 bill..

Cat BEPU to Power Doppstadt Separator at IFAT 2026

Caterpillar’s Cat Battery Electric Power Unit (BEPU) has been selected by Doppstadt to power its SWS 6 Spiral Shaft Separator, which will be showcased for the first time at IFAT 2026 in Munich, Germany, from 4–7 May.The compact plug-and-play BEPU is designed to replace a diesel engine within the same space, using the same mounting locations and relative machine position. It integrates the battery, motor, inverter, onboard charging, cooling and controls, enabling OEMs to electrify existing chassis platforms without extensive redesign.Caterpillar and Cat dealer Zeppelin Power Systems have be..

VECV sales rise 6.9% in April 2026

VE Commercial Vehicles, a joint venture between Volvo Group and Eicher Motors, recorded sales of 7,318 units in April 2026, compared to 6,846 units in April 2025, registering 6.9 per cent growth. The total included 7,159 units under the Eicher brand and 159 units under the Volvo brand.Eicher branded trucks and buses reported sales of 7,159 units during the month, up 6.6 per cent from 6,717 units in April 2025. In the domestic commercial vehicle market, Eicher sales rose 8.6 per cent to 6,797 units from 6,257 units a year earlier.Exports declined 21.3 per cent, with VECV recording 362 units in ..