new energy vehicles

MG Sets Target for New Energy Vehicles to Account for 80% of Sales by 2026

JSW MG Motor India expects new energy vehicles (NEVs) — including EVs, hybrids, and plug-in hybrids — to account for nearly 80% of its total sales in 2026, according to managing director Anurag Mehrotra. The company will launch its first plug-in hybrid later this financial year, built on the new ADAPT multi-energy platform. Industry-wide EV sales are growing at around 70%, and EV penetration in India crossed 8% in June 2026.