JSW MG and Axis Bank Offer Dual Loan to Make EVs More Affordable
JSW MG Motor India and Axis Bank have launched a new dual loan program to make electric vehicles (EVs) easier to buy for Indian customers. Announced on November 6, 2025, this plan allows people to take two separate loans — one for the car and another for the battery. The aim is to reduce the high upfront cost that often discourages people from buying EVs.