I want to purchase an EV for a daily commute of approximately 100 km. I’m planning to buy the MG Windsor, but I recently came across an article stating that EV prices will drastically come down in the next 4–6 months. I also read that SAIC (the parent company of MG) is withdrawing its stake from India, and JSW has tied up with Chery Motors. I’m confused about MG’s future in India. Please guide me, should I wait or purchase the EV now?

EV prices are closely linked to battery costs, which will likely decrease over time, making EVs more affordable in the long run. However, in the short term, it’s unlikely that prices will drop drastically.

Regarding MG Motor, while there has been talk of JSW increasing its stake in the local operations (and SAIC reducing its share), this doesn’t indicate that MG plans to exit the Indian market. In fact, JSW has invested significantly in building the brand and expanding its presence, including the premium MG Select network.

So, while there are some uncertainties, buying an MG remains fairly safe. However, if you’re still hesitant, you could consider the upcoming Hyundai Creta Electric, which is also a very capable option.