Currently, EVs account for 25%-30% of MG’s total sales in India. To build this up, MG Motor India will launch new EV this year, along with another new product. The automaker is quite optimistic of the growth trend in the EV market and expects the penetration in the passenger vehicle industry to grow to 4% this year, up from 2% now. Gaurav Gupta, Deputy Managing Director, MG Motor India expect this to grow up to about 6%-7% by 2025, when the tipping point will also happen. “2025 onwards, it (EV adoption) will leapfrog.”

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