MG Motor India Sees 5% Dip in May Wholesales, EVs Shine with 36% Contribution

MG Motor India reported a 5% drop in wholesales for May with 4,769 units, down from 5,006 units the previous year. Despite the dip, electric vehicles (EVs) were a major contributor, making up 36% of the company's overall sales for the month. The company received positive traction for its EVs.

MG Motor India on Saturday reported 5 per cent dip in wholesales at 4,769 units in May compared to the same month last year.

The company had dispatched 5,006 units to dealers in May 2023.

The automaker in a statement said it received positive traction for its electric vehicles (EVs) last month.

With 36 per cent of the company's overall monthly sales, the EV portfolio remained a major contributor in May 2024, it added.