The model, which comes with a personal AI assistant and first-in-segment Autonomous (Level 2) technology, would compete with the likes of Hyundai Creta, Kia Seltos and Skoda Kushaq.
The company had sold 2,851 units in August 2020. The carmaker noted that it recorded the highest-ever bookings of ZS EV last month at over 700 units.
At present, President and Managing Director Rajeev Chaba said the shortage of materials supply, especially that of semiconductors, has constrained production.
Will enter other segments too but current focus is on full utilisation of Halol plant, President & MD Rajeev Chaba tells TNIE
The new mid-size SUV by MG Motors is expected to hit the roads in the last quarter of the year.
The public charging station provides 80 per cent of the charging of an EV, including MG Motor's ZS in 50 minutes, the company said in a release.
The carmaker said that its production levels have been impacted in June and will remain so in July-August due to the global shortage of semiconductor chips.
The model would be the automaker's second electric vehicle in the country after the ZS SUV which is currently tagged between Rs 21 lakh and Rs 24.18 lakh (ex-showroom).
To ease the burden of the health-and-economic crisis brought upon by the pandemic on their employees, several companies have come forward with initiatives for their workforce.
As for itself, the company expects the growth to be much better than the industry's despite supply chain challenges and increase in input costs.
The statement said that a medical team of experts will also follow up with MG customers within 72 hours of the first consultation.
The company had sold 1,518 units sold in March last year, when COVID-19 induced lockdown affected sales.
Rating agency Ind-Ra said in a recent note that it expects recent liquidity easing measures announced by the government on the back of good monsoons to help improve consumer sentiments.