Greater Noida: British automaker MG Motors on Wednesday unveiled its sports utility vehicle Marvel X at the Auto Expo 2020.
The company, a subsidiary of Chinese firm SAIC Motors, has not revealed the date for the launch or prices.
MG Motors said Marvel X is the world's first mass production vehicle with integrated internet, electric, and autonomous capabilities.
At the Auto Expo, MG Motors also showcased over a dozen production cars, including eMG6, RC6, 360M and MG3, which are sold in other markets, as well as a concept car.
MG Motors had set up its Indian subsidiary in 2017, but started manufacturing and selling its products only last year. It launched Hector SUV and ZS electric vehicle last year.
The success of MG Hector has led the company to consider setting up a second plant, and an announcement on it is expected later this year, said Rajeev Chaba, president and managing director of MG Motor India.
The British brand, owned by China's SAIC Motors, entered the Indian market last year and has outlined an investment of ₹5,000 crore through 2021.
SAIC, the first Chinese carmaker to enter the Indian market, took a cautious approach as it began with an annual capacity of 80,000 vehicles by acquiring the factory of General Motors Co. at Halol in Gujarat.
Robust demand for the Hector and its ambitious product plans have forced the company to expand capacity.
Some of the biggest vehicle manufacturers from China – SAIC Corp, Great Wall and FAW – will launch cars bristling with technology such as Artificial Intelligence and Internet of Things features at the Auto Expo 2020. Given China’s strength in manufacturing, it is likely that they will price products competitively and challenge incumbent players, industry officials said.