Rising fuel prices and growing consumer awareness of lower running costs are accelerating the shift towards electric mobility, prompting JSW MG Motor India to sharpen its focus on new-energy vehicles (NEVs), according to Aabhas Sharma's Times of India report.
The company expects NEVs, including electric vehicles (EVs), hybrids, plug-in hybrids (PHEVs) and range-extender EVs, to contribute nearly 80% of its total sales this year, in line with its long-term target of 75%, managing director Anurag Mehrotra said.
