JSW MG Motor India sales surge by 31%, records 7,045 units in October 2024

MG Motors sales in October: JSW MG Motor India has reported that the company recorded total wholesales of 7,045 units in October 2024. This has resulted in a rise of 1,937 units making a 31 per cent on a year-on-year rise in sales, as the company recorded sales of 5,108 units in October 2023. As compared to September 2024, the automaker recorded positive momentum and registered additional sales of 2,457 units. This resulted in a growth of 53.55 per cent on a month-on-month basis.

According to the Vahan portal, which is an official source for vehicle sales in India, the JSW MG Motors India recorded a growth of 34 per cent on a year-on-year basis for October (excluding Telangana).

Electric vehicle sales:

In the new energy vehicles (NEVs) segment, it remained a significant part of its overall sales. According to a statement from the company, the new energy vehicles contributed over 70 per cent to the total volume in October 2024.

JSW MG Motors India has recently launched the Windsor, which is a crossover utility vehicle. The Windsor recorded total sales of 3,116 units within the first month of its launch.

According to the data shared by JSW MG Motors India, the contribution of EVs to domestic sales in September 2024 was 49 per cent, and internal combustion engine (ICE) vehicles contributed 51 per cent of total sales. In October, the sales from the EV segment grew drastically and took a 70 per cent share of total sales.

MG Windsor EV Price:

As the MG Windsor EV was a key player in driving the sales of JSW MG Motors in India, the company launched the first Battery-as-a-Service program, BaaS, which is a battery rental program. Under this program, the price of the MG Windsor EV starts at Rs 9.99 lakh (ex-showroom) and comes with a battery rental of Rs 3.5 per kilometre.

The price of the MG Windsor EV without the BaaS program starts at Rs 13.49 lakh (ex-showroom).