SAIC Motor Plans New Electric Vehicle Plant in Spain

China SAIC Motor is reportedly planning to build a European factory in Spain for its MG brand. The site would focus on manufacturing electric vehicles.

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SAIC MOTOR CORP LTD-A is reportedly considering the establishment of a new electric vehicle manufacturing facility in Spain. The move, led by the company's MG unit, marks a significant potential expansion for the automotive giant from China into the European market.

The corporate logo of SAIC Motor is displayed in a digital illustration from January 2024. REUTERS/Dado Ruvic/Illustration
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