City
Epaper

On-a-Roll: MG Motor's ZS launch in January; Hector bookings to re-open soon

By IANS | Updated: September 8, 2019 08:25 IST

Even as it scaled-up production for an eventual re-opening of SUV Hector bookings, MG Motor has been busy preparing for the launch of electric compact SUV ZS slated for next year.

Open in App

Interestingly, amid the ongoing slowdown that has gripped the auto sector, the company has steadily ramped-up production to 3,000 units of Hector at its manufacturing facility in Gujarat.

"We will be producing 3,000 units of Hector in September and then stabilise it at that level for a couple of months," Rajeev Chaba, President & Managing Director, MG Motor India told .

"We have produced 1,500 units in July and 2,000 units in August. Re-opening of bookings depend on our delivery target."

When asked about the possibility of re-opening bookings during the festive season, Chaba replied: "That might happen."

The company's first product Hector's bookings were temporarily suspended, as the auto manufacturer had received 28,000 bookings.

On the company's first electric offering ZS Chaba revealed that the globally sold vehicle is slated to be launched in January.

The ZS will be one of the first locally-produced global EVs in India. However, its battery will be imported from CATL.

MG Motor India which is the subsidiary SAIC will depend on its Group's globally successful strategy of bulk purchase of batteries from CATL, which is one of the world's largest producers of lithium-ion batteries.

Nonetheless, depending on demand, the company may consider to assemble battery packages in India in association with CATL.

"We might consider assembling CATL battery packages in India. But everything depends on demand. We have a global tie-up with CATL," Chaba said.

The compact SUV ZS EV will have a full-sized boot and room for five.

In order to create a hype, the company plans to deploy a limited number of ZS EV in India, even before the car's official launch.

As per plans, the company will deploy a limited number of ZS EV units for giving select customers a unique experience ahead of launch.

Furthermore, the automaker's fast-charging infrastructure at limited locations will be in place by October.

MG Motor India has made an investment of Rs 2,200 crore at its plant and has installed an all-new assembly line.

(Rohit Vaid can be contacted at rohit.v@.in)

( With inputs from IANS )

Tags: indiaMg Motor IndiaSaic
Open in App

Related Stories

MumbaiMumbai: Gold Sales Cross ₹12,000 Crores Nationwide on Akshaya Tritiya; Mumbai MMR Sees ₹800 Crores Trade

NationalAkshaya Tritiya 2025: Gold Market Sees Huge Footfall Despite Price Hike (Watch Video)

MaharashtraOver 10,000 Pakistani Nationals Traced in Maharashtra and Delhi Post-Palgham Terror Attack

MumbaiViral Sighting of Tesla Cybertruck Near Mumbai Stirs EV Enthusiasm (Photos)

NationalPM Narendra Modi Discusses Tech and Innovation Collaboration With Elon Musk

कारोबार Realted Stories

BusinessPiyush Goyal holds trade talks with EU Commissioner, India-EU reaffirm to conclude FTA by end of 2025

BusinessMexico, US to work to improve trade balance: Sheinbaum

BusinessAdani Group's expertise crucial in operationalising Vizhinjam Port project: Former VISL MD

BusinessOver 3,100 international traders from 111 countries participated in Iran Expo 2025

BusinessIndia to host Global Media Dialogue tomorrow, over 60 countries to attend