The company plans to investigate battery cell production in collaboration with external partners.
Automaker MG Motor India is actively exploring the possibility of assembling and repairing batteries for electric vehicles at its Halol manufacturing plant. The company is also considering producing battery cells in partnership with third parties.
Rajeev Chaba, CEO Emeritus of MG Motor India, mentioned that the company’s focus on electric vehicles includes investigating battery assembly, repair, and cell manufacturing with third parties to advance sustainability efforts. He added that while the company is committed to exploring innovative technologies, details on manufacturing hydrogen fuel cells and other technologies will be shared as they develop. MG Motor India is also considering expanding its Halol plant in response to growing demand. Chaba stated they are evaluating opportunities to increase capacity and streamline operations to meet market requirements.
Last year, the company announced a ₹5,000 crore investment in its India 3.0 plan, which aims to expand the manufacturing plants in Halol and hire nearly 20,000 employees (direct and indirect). Additionally, the company plans to establish a second manufacturing unit in Gujarat, which would increase its production output to up to 3 lakh vehicles.
MG Motor India’s electric vehicle sales account for 30 per cent of its overall sales. Under the MG Charge initiative, the company has installed 500 charging points in residential societies, hotels, educational institutions, and private apartments, with plans to reach 1,000 chargers within 1,000 days.
Regarding stake dilution, JSW acquired a 35 per cent stake in MG Motor India. The company is looking to partner with domestic players in the future. Chaba added that they continuously explore opportunities to collaborate with domestic players and enhance operational capabilities. There is a growing trend of foreign automakers seeking partnerships with Indian companies to gain market access, leverage local expertise, and navigate complex regulations, which could lead to further collaborations and acquisitions in the Indian automobile industry.
