India’s biggest steel producer JSW and Chinese carmaker SAIC Motor on Wednesday launched a $1.5bn joint venture to build and sell MG-brand electric vehicles in the world’s most populous country.
The partners plan to invest $5bn by 2030 and cut costs by increasing local sourcing, including of batteries from a plant to be built in India’s eastern Odisha state by JSW, the Indian group’s chair Sajjan Jindal told the Financial Times.
您已閱讀20%（652字），剩餘80%（2612字）包含更多重要資訊，訂閱以繼續探索完整內容，並享受更多專屬服務。