JSW MG Motor India reported retail sales of 4,644 units in June 2024. The company revealed that its flagship SUV, the ZS EV, achieved its highest-ever monthly sales during this period.
New Energy Vehicles (NEVs) played a substantial role in the company’s overall sales, accounting for more than 40% with 1,861 units sold in June 2024.
Recently, JSW MG Motor India announced its collaboration with Ecofy, an NBFC backed by Eversource Capital, to offer financing and leasing solutions for its electric vehicles.
The companies have signed a Memorandum of Understanding (MoU) under which Ecofy will finance and lease up to 10,000 JSW MG electric vehicles over the next three years, according to a company statement.
