MG M9 Electric Launched In India, Here's How Internet Users Criticised Model
Under the hood, MG M9 uses a 90 kWh Nickel-Manganese-Cobalt battery that generates a maximum power of 245 BHP and 350 Nm, and offers maximum range up to 500 km on a single charge.
The JSW MG Motor has finally launched a premium-class MPV called M9. The model has been released at the starting price of Rs 69.90 lakh (ex-showroom). It is available only in a single fully loaded version. It made its official presence at the 2025 Bharat Mobility Global Expo.
Ever since the latest offering from the brand under its premium arm 'MG Select' made its presence in the Indian market, it has received both positive and negative responses from customers.
Social Media Reaction
While some internet users call it the baby of Toyota Vellfire and Kia Carnival, some call it a pure disaster electric avatar. The potential buyers somehow showed some interest, but said the model could be better if it were ICE or Hybrid.
Fails To Impress Masses?
Amid all the criticism, it would be interesting to see if the apartment-size MPV will be able to dominate the segment or not. Meanwhile, the EV somehow turn heads in the market with its futuristic design, a big thanks to a boxy design and fully LED treatment at both ends. It has been treated with a futuristic set of LED units at the back with a trending connected light bar.
Battery and Range
Under the hood, MG M9 uses a 90 kWh Nickel-Manganese-Cobalt battery that generates a maximum power of 245 BHP and 350 Nm. It claims to offer a maximum range up to 500 km on a single charge.
view comments
Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
&w=3840&q=100)
Business Standard
9 minutes ago
- Business Standard
Tata Communications partners with AWS for AI-ready network rollout in India
Tata Communications on Tuesday said it has partnered with Amazon Web Services (AWS) to deploy an advanced, AI-ready long-distance network across India. The project, which is likely to involve a capital investment of about Rs 430 crore from Tata Communications, is expected to be completed by the end of FY26, according to a regulatory filing. The collaboration will establish a new high-capacity, long-distance network to connect three AWS infrastructure locations to boost generative AI adoption and cloud innovation in India, it said. "The collaboration marks one of India's largest ever network deployments by Tata Communications in terms of size, scale and bandwidth. AWS has two data centre regions in India, located in Mumbai and Hyderabad, and AWS Direct Connect and AWS Edge Network infrastructure in Chennai. "The network will connect AWS infrastructure in Mumbai, Hyderabad, and Chennai through a comprehensive, national long-haul network, creating a powerful infrastructure backbone for AI and machine learning (ML) workloads across India," it said. The new network -- one of India's largest ever deployments by Tata Communications -- will have a capacity of 7.2 Tbps with a cable length of 18,000 km. It will utilise Tata Communications' network connectivity to provide low-latency, high-bandwidth connections, enabling businesses across India to build, train, and deploy scalable AI applications, as per the filing. "The infrastructure is designed to support the most data intensive workloads, like 5G, generative AI, and highperformance computing. This collaboration with Tata Communications will further enable our customers in India to innovate at scale with cloud and generative AI, and drive growth in India's rapidly expanding digital economy," Jesse Dougherty, Vice President for Network Edge Services at AWS, said.
India.com
9 minutes ago
- India.com
Ex-ICICI Bank CEO Chanda Kochhar held guilty in Rs 640000000 bribery for approving Rs 300 Crore loan
In the ICICI Bank-Videocon loan case, the Appellate Tribunal under the Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act (SAFEMA) has found former ICICI Bank CEO Chanda Kochhar guilty of accepting a bribe of Rs 64 crore in exchange for approving a Rs 300 crore loan to the Videocon Group in 2009. This order overturns the earlier clean chit she received from the PMLA Adjudicating Authority and supports the Enforcement Directorate's (ED) provisional attachment of her assets, framing the transaction as a prima facie case of money laundering. Conflict Of Interest In Kochhar's Approval To Videocon The Tribunal showed a clear conflict of interest in Kochhar's approval of the loan. Shortly after disbursing the funds to a Videocon entity, Rs 64 crore was traced to NuPower Renewables Pvt. Ltd. (NRPL), a company promoted by her husband Deepak Kochhar. This sum was funneled via Supreme Energy Pvt. Ltd. (SEPL), which is reportedly linked to Videocon's promoter Venugopal Dhoot. While the Tribunal acknowledged that a final determination rests with the Trial Court, it concluded there was sufficient preliminary evidence to justify the attachment order under money laundering charges. The bench of the Appellate Tribunal, while delivering its findings, stated that it could not accept the justification offered by Chanda Kochhar for presiding over the committee meeting that sanctioned a Rs 300 crore loan to the Videocon Group, an entity she was familiar with. The tribunal observed that Kochhar could not claim ignorance of the relationship and, therefore, her participation in the loan sanctioning process was in clear violation of ICICI Bank's internal rules and policies. Rs 64 Crore Fund Diversion To NRPL The tribunal further noted that immediately after the disbursement of the Rs 300 crore loan, a sum of Rs 64 crore was diverted to NuPower Renewables Pvt. Ltd. (NRPL), where Deepak Kochhar, the respondent and husband of Chanda Kochhar, was managing the company. He held 95% stakes in Supreme Energy Pvt. Ltd. (SEPL), which in turn controlled NRPL. Notably, V.N. Dhoot resigned from SEPL on January 15, 2009, transferring control of the company to Deepak Kochhar. In its order, the tribunal criticized the Adjudicating Authority for ignoring evidence and instead relying on irrelevant considerations. It stated that the Authority had disproportionately focused on the shareholding structure of NRPL while overlooking the fact that Deepak Kochhar was the Managing Director and in full control of the company's operations. This was further supported by the statement of V.N. Dhoot recorded under Section 50 of the Prevention of Money Laundering Act (PMLA), 2002, wherein he categorically affirmed that Deepak Kochhar was running the affairs of the company. (With Inputs From ANI)
&w=3840&q=100)
Business Standard
9 minutes ago
- Business Standard
Govt forgone ₹99K cr in FY24 due to corporate tax incentives: MoS Finance
The government is estimated to have forgone around Rs 99,000 crore in revenue in the 2023-24 fiscal on account of tax incentives extended to corporates, Minister of State for Finance Pankaj Chaudhary said on Tuesday. Corporate tax rates have been gradually reduced since 2016 while phasing out the exemptions and incentives. In a written reply in the Rajya Sabha, Chaudhary gave the estimated revenue forgone due to the tax incentives by way of various deductions in corporate tax, from FY 2019-20 to 2023-24. The corporate tax revenue foregone in 2023-24 stood at Rs 98,999, followed by Rs 88,109 crore and Rs 96,892 crore in 2022-23 and 2021-22, respectively. In 2020-21 and 2019-20, the total corporate tax revenue foregone was Rs 75,218 crore and Rs 8,043 crore respectively. The minister was replying to a question from AAP MP Raghav Chadha on the estimated loss to the exchequer due to the corporate tax reductions from 2019-20 to 2024-25, and for the financial year (2024-25). Estimated revenue foregone for the financial year 2024-25 till date is not available, Chaudhary said. Through Finance Act, 2016, the corporate tax rates were reduced to 29 per cent of the total income to promote growth, boost investment and create more job opportunities. In 2017, the corporate tax rates were reduced to 25 per cent of the total income, make smaller domestic companies having annual turnover of Rs 50 crores more viable and to encourage firms to migrate to company format. In September 2019, the government announced a cut in base corporate tax for then existing companies to 22 per cent from 30 per cent; and for new manufacturing firms, incorporated after October 1, 2019, to 15 per cent from 25 per cent, provided they forego all exemptions and incentives. Vide Finance Act, 2024, tax rates on the income of foreign companies (other than that chargeable at special rates) have been reduced from 40 per cent to 35 per cent to promote investment and employment.
