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

MG Motors sales in October: JSW MG Motor India declared that the automaker saw a total wholesale of 7,045 units in October 2024. The company recorded a surge of 1,937 units and marked an increase of 31 per cent on a year-on-year basis. As compared to October 2023, the company registered total sales of 5,108 units. The JSW MG Motors India registered a positive outlook and saw a rise in sales of 2,457 units and witnessed a growth of 53.55 per cent on a month-on-month basis.

According to the VAHAN portal, the auto manufacturer witnessed an increase of 34 per cent on a year-on-year basis for October 2024. (excluding the sales from Telangana)

Electric vehicle sales:

The new energy vehicles (NEVs) segment contributed a substantial portion of its overall sales. As per a statement from JSW MG Motors India, the new energy vehicles contributed over 70 per cent to the entire sales in October 2024.

The auto manufacturer has recently launched the Windsor EV in India, which is a crossover utility vehicle. Within the first month of its launch, the Windsor EV registered total sales of 3,116 units.

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

MG Windsor EV Price:

The MG Windsor EV is one of the key players in driving the sales of the company in the country. The company launched the first Battery-as-a-Service program, BaaS, which is a battery rental program with the MG Windsor EV. Under this program, the price of the EV starts at Rs 9.99 lakh (ex-showroom) and has 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).