MG Motor Offers 5-Year EV Buy-Back: Assured Resale Value Boosts Confidence

• JSW MG Motor India launches industry-first 'Assured Buy Back' scheme for EVs, extending guarantee to 5 years.
• Scheme addresses EV resale value concerns, offering 40-60% of original price after 3, 4, or 5 years.
• Applicable to personal and commercial MG ZS EV models, provided they are under 3 years old or have run less than 60,000 km/year.
• Customers can choose to keep, return, or exchange their EV, ensuring flexibility and access to new technology.
• MG Motor aims to accelerate EV adoption by providing financial assurance and dispelling depreciation fears.

Why It Matters: MG Motor's 5-year EV buy-back scheme guarantees resale value, boosting consumer confidence and accelerating EV adoption in India.