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LatestLY - Business - News Image
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27
BusinessJul 09, 2025 07:24 PM

Latest News | No Impact of Rare Earth Magnets Shortage on Production in Near Future: JSW MG Motor | ...

Mumbai, Jul 9 (PTI) JSW MG Motor on Wednesday said the global shortage of rare earth magnets, a key component in motors used for electric vehicles, has not impacted its production currently and is unlikely to impact it in the immediate future, but it is keeping a close watch on the developments. The company, which launched its first premium car showroom, MG Select, in Thane in the Mumbai Metropolitan region, also said that the curbs by China on the supply of magnets have been impacting not only ...Read More >

NewsDrum - Business - News Image
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10
BusinessJul 09, 2025 07:18 PM

No impact of rare earth magnets shortage on production in near future: JSW MG Motor

Mumbai, Jul 9 (PTI) JSW MG Motor on Wednesday said the global shortage of rare earth magnets, a key component in motors used for electric vehicles, has not impacted its production currently and is unlikely to impact it in the immediate future, but it is keeping a close watch on the developments. The company, which launched its first premium car showroom, MG Select, in Thane in the Mumbai Metropolitan region, also said that the curbs by China on the supply of magnets have been impacting not only ...Read More >

Zee News - Other - News Image
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37
OtherJan 17, 2025 10:13 PM

JSW MG Motor Forays Into Accessible Luxury Electric Car Segment

New Delhi: JSW MG Motor India on Friday announced their foray into the 'accessible luxury' electric car segment with the unveiling of two new models - MG Cyberster, India's first all-electric Roadster and the MG M9, the first electric three-row limousine, slated to be launched this year. Accessible luxury is usually referred to high-quality products that are priced lower than traditional luxury goods. The two models were unveiled at the Bharat Mobility Global Expo 2025 and the debut was under i ...Read More >

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