China's SAIC to dilute stake in MG Motor India, drive EV sales

FILE PHOTO: President and Managing Director of MG Motor India Private Limited Rajeev Chaba and Chief Commercial Officer MG Motor India Gaurav Gupta pose with MG EHS, Plug-in Hybrid and MG4 pure electric vehicle at the Auto Expo 2023 in Greater Noida, India, January 11, 2023. REUTERS/Anushree Fadnavis