New Delhi, July 16 -- JSW MG Motor India, the joint venture between China's SAIC Motor and the JSW Group, has launched a new vehicle platform on which it will develop electric vehicles and hybrids, with the aim of cutting new-car development costs by more than a third, according to a top executive.

The launch of an India-tailored vehicle platform, based on Chinese automaker SAIC Motor's global vehicle architecture, by JSW MG Motor comes as technology collaboration with Chinese partners eases amid improving geopolitical ties between New Delhi and Beijing.

The new platform development, based on SAIC's technology, comes after Tata Motors PV confirmed that it will use the Chinese carmaker's Chery platform for its Avinya premium EV range, an...