2 Stories

MG

SAIC Accelerates Europe Push With Spain EV Plant

SAIC Motor plans to build its first EU factory in Spain’s Galicia region, investing about €200 million in a new MG-focused new-energy vehicle plant with eventual annual capacity of 120,000 units and roughly 1,000 direct jobs. The move highlights how Chinese EV makers are shifting from exports to deep localization in Europe, even as China expands rural NEV support and Tesla adjusts strategy in the US with certified pre-owned Cybertruck sales.

Jun 3, 20268 min

SAICMG

SAIC Expands Lead With Smart EV and REEV Push

SAIC has opened 2026 as China’s volume leader, with 596,900 sales in January-February and overseas exports jumping 48.9% to 204,000 units. The bigger story is its smart EV and REEV push: new models like the MG 4X and ID. ERA 9X, plus partnerships with Momenta, Huawei, and Alibaba, show how Chinese EV makers are combining exports, software, and flexible electrified powertrains to compete globally.

Mar 25, 202610 min

MG

SAIC Accelerates Europe Push With Spain EV Plant

SAIC Expands Lead With Smart EV and REEV Push

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