JSW Motors India to Launch 25 New Cars and SUVs - Hybrids, EVs & Range Extenders

JSW Motors is planning to invest around Rs 26,000 crore over the next five years. A new media report claims that the company is preparing to enter the competitive passenger car market through its new entity. Speaking to media, CEO Ranjan Nayak reveals that JSW is in talks with several global players, including BYD, Geely, Cherry and others for access to platforms and core components. 

JSW Motors currently has a separate JV with SAIC for JSW MG Motor India, but the new entity will be independent and will focus on technology partnerships to drive growth. The report claims that JSW Motors is planning to launch 25 new models by 2030. The company’s range will include electric vehicles, plug-in hybrids, and range extenders.

JSW Motors is reportedly to introduce its first vehicles before June 2026 from its Greenfield factory in Maharashtra, which will have an installed capacity of 5 lakh units annually. The company is also holding talks with Volkswagen and Renault to access components, core tech and platforms. The company aims to achieve high localisation levels. 

Interestingly, the report claims that JSW Motors has offered BYD to make cars, localise here and export to the US and Europe from its upcoming manufacturing platform. 

JSW Motors’s first set of vehicles are expected to be priced between Rs 22 lakh and Rs 25 lakh. The company will introduce SUVs and a premium sedan by 2027. Moreover, JSW plans to launch hatchbacks for fleet and taxi buyers, and these models will be priced under Rs 10 lakh. 

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