JSW Motors to Launch Rs 45 Lakh Plug-In Hybrid SUV in June, Targeting Premium Segment

• Sajjan Jindal-led JSW Motors will enter India's passenger vehicle market with a plug-in electric hybrid (PHEV) SUV in June.
• The SUV is expected to be priced around Rs 45 lakh, competing with luxury carmakers like BMW and Mercedes-Benz.
• Production will take place at JSW Motors' upcoming manufacturing facility in Chhatrapati Sambhaji Nagar, Maharashtra.
• JSW Motors is evaluating technology partnerships with global players for clean energy segments like EVs and hybrids.
• JSW Group entered the automotive sector in late 2023 by acquiring a stake in MG Motor India, now JSW MG Motor India.

Why It Matters: JSW Motors is set to disrupt India's premium car market with a new plug-in hybrid SUV this June.