Rising fuel costs accelerate EV shift; MG bets bigger on plug-in hybrids

MG plans to enter the plug-in hybrid segment later this fiscal year. New models will sit on India's first multi-new-energy vehicle platform, the company said. The architecture supports both battery-electric and plug-in hybrid powertrains, which could help MG hedge against uneven charging infrastructure across the country.

The move follows broader industry momentum. Several automakers have accelerated local EV production after the government reduced import taxes for companies that commit to domestic manufacturing. MG's hybrid push suggests the company sees a longer runway for plug-in models in a market where range anxiety remains a barrier to full EV adoption.

The company did not disclose specific launch dates or pricing for the coming plug-in hybrid models.