
Anurag Mehrotra, MD, JSW MG Motor India Pvt Ltd, told Business Today that electric vehicles and internal combustion engine (ICE) cars will not cannibalise each other, as both will grow in parallel. He highlighted that battery prices have fallen significantly, making EV ownership more viable compared to ICE over the long term. Mehrotra said MG expects to outpace overall industry growth while focusing on driving profitable expansion.