Intend To Take Decisive Steps Through Launch Of Comet: MD, MG Motor India

MG Motor India on Thursday said it has christened its upcoming electric vehicle as Comet

Topics

MG Motor India | MG Motor | Electric car india

Press Trust of India  |  New Delhi 



India launches probe into MG Motor as scrutiny on Chinese firms widens

').insertAfter(".article-content__img");$(".article-content__img div").find('div').remove();

India on Thursday said it has christened its upcoming electric vehicle as Comet.

The name derives inspiration from the iconic 1934 British airplane which participated in the England-Australia MacRobertson Air Race, the automaker said in a statement.

Urban mobility is at a point of inflexion where new age solutions are needed to address both the current as well the forthcoming challenges," India President and Managing Director Rajeev Chaba said.

As the industry moves further into the digital age, there will be an exceedingly large number of innovations that could range from futuristic technologies to unique designs to clean mobility and many others, he added.

"We at MG, through 'Comet', intend to take the needed decisive steps and a 'leap of faith' in the direction of creating solutions for a better future for each one of us," Chaba said.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

First Published: Thu, March 02 2023. 15:26 IST


RECENT NEWS

Titi Coles Legacy In Finance: Pioneering Diversity And Leadership

Titi Cole, one of the most senior Black women in the world of finance, recently exited her high-profile role at Citi. He... Read more

Rising Rates, Rising Challenges: Bankers Adapt To Serve Troubled Companies In A Changing Economic Landscape

As interest rates climb, troubled companies are facing heightened financial pressures, prompting them to seek assistance... Read more

The Elusive Nature Of Fraud Detection: Exploring The Auditor's Dilemma

In the intricate world of financial reporting, auditors serve as guardians of integrity, tasked with uncovering discrepa... Read more

The Battle For Depositors: US Lenders Ramp Up Efforts Amidst Rate Uncertainty

In the competitive landscape of the US banking sector, retaining depositors is paramount for lenders seeking to maintain... Read more

Beyond Capital: Unveiling The Complexities Of Bank Failure Prediction

In the realm of banking, the ability to predict and prevent failures is paramount for financial stability and consumer c... Read more

Central Banks And The Economic Horizon: Steering Through Uncertaintie

In the evolving landscape of global financial markets, the strategic role of central banks has come under intense scruti... Read more