MG Motor India today announced retail sales of 4367 units in October 2022, a growth of 53% over the same month last year. This growth comes on the back of the company achieving its highest production output at 5008 units, including 1000 units of its electric vehicle (MG ZS EV), also an all-time high for MG India. This has been possible due to some improvement in semiconductor supplies through localization initiatives undertaken by the manufacturer. The coming weeks should hopefully see some more improvement.
MG Motor continues its focus on meeting customer demand. The recent production uptick has made the commencement of the deliveries of Astor, India’s first SUV with AI inside, in both CVT and AT variants, possible. The milestone for the all-new ZS EV, India’s first pure electric Internet SUV, having recording the highest-ever retail sales of 784 since it was launched in 2020, is supported by the comprehensive charging ecosystem which is expanding across the country. The MG Hector, India’s first internet SUV, also continues its robust performance in sales and the company is all set for the launch of the Next-Gen Hector, scheduled around the end of this year.
