MG Motor India has sold 4,000 units of the ZS EV last year. The company has now launched an upgraded version of the ZS EV at nearly Rs 22 lakh.
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The company is extremely bullish on EV demand in the passenger car segment, and is targeting 30,000 unit sales in 2023.
In an interview to CNBC-TV18, Rajeev Chaba, President & MD of MG Motor India said that they are looking to launch a sub-Rs 15 lakh EV by next year.
He added that Russia-Ukraine war could put pressure on semiconductor supplies and may result in higher prices for customers.
Watch video for more.
