JSW in talks with China’s Geely for electric car joint venture
New Delhi, December 27, 2024.fter SAIC (which owns MG) , Sajjan Jindal's steel-to-paints conglomerate JSW Group is in talks with multiple auto majors for more electric vehicle joint ventures. According to sources with direct knowledge of the matter, among the OEMs that JSW is in talks with is Chinese auto major Geely. JSW, say sources, is betting aggressively on the Indian EV industry and is interested in launching multiple EV lineups including passenger and commercial vehicles. "Eventually JSW is also looking to launch its own EV lineup," said a top auto executive close to SAIC. When contacted, the company spokesman said "JSW will not comment on the story". When contacted MG India officials refused to comment.Auto industry sources however say the main reason for JSW looking at oth...