JSW MG Motor India has officially confirmed a price increase across its electric vehicle portfolio, with hikes of up to 2% taking effect from April 1, 2026. The revision affects popular models including the MG Windsor EV, ZS EV, and Comet EV.
Price Hike Details
The confirmed price increases will impact MG's entire EV lineup:
- MG Windsor EV: Up to 2% price increase
- MG ZS EV: Up to 2% price increase
- MG Comet EV: Up to 2% price increase
While specific rupee amounts haven't been disclosed, a 2% increase on MG's EV range could translate to price hikes of ₹20,000 to ₹60,000 depending on the variant and model chosen.
Reasons Behind the Price Revision
The price adjustment comes amid rising input costs and supply chain challenges affecting the automotive industry globally. Raw material costs, particularly for battery components and semiconductors, have been increasing steadily.
Additionally, the recent changes in EV policy and subsidy structures may have influenced the pricing strategy, as manufacturers adjust to new market dynamics.
Impact on Current Bookings
MG Motor India has advised potential customers to complete their bookings before April 1, 2026, to secure current pricing. Existing bookings made before the effective date will honor the pre-hike prices.
Customers looking to purchase any MG EV should act quickly to avoid the upcoming price increases and secure better value for their investment.
Model-Specific Considerations
MG Windsor EV
The Windsor EV, being one of MG's newer offerings, has gained traction for its spacious interior and competitive feature set. The price hike may affect its positioning against competitors.
MG ZS EV
As one of India's early mainstream electric SUVs, the ZS EV has established a strong market presence. The price increase could impact its competitive advantage in the growing electric SUV segment.
MG Comet EV
The compact Comet EV, positioned as an urban mobility solution, faces price pressure in a segment where affordability is crucial for adoption.
Market Context
This price revision follows similar announcements from other manufacturers who have increased prices due to rising costs. The EV segment, while growing rapidly, remains sensitive to price changes as buyers evaluate the total cost of ownership against ICE alternatives.
At CarDosti, we recommend potential MG EV buyers to evaluate their requirements quickly and make booking decisions before the April 1 deadline to maximize their savings.