Focus on automotive: MG
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06/20/2019Chinese automaker SAIC Motor has agreed to set up a new joint venture in Egypt with its current local distributor to assemble MG brand cars in the country. SAIC Motor announced the move this week at a signing ceremony in Cairo with its local partner Mansour Automotive Group, Egypt's largest vehicle distributor. The automaker's chairman Chen Hong... -
05/17/2019Chinese carmaker SAIC Motor applied for a licence to produce electric vehicles in Thailand. The company's local joint venture, SAIC Motor-CP, plans to produce both electric and plug-in hybrid vehicles at its assembly plant in Chon Buri province, east of Bangkok. The factory already produces conventional internal combustion cars under the MG brand... -
04/03/2019The first electric vehicle by British car brand MG (owned by state-owned Chinese automaker Saic Motor) went on sale in Shanghai. The EV, a battery-powered version of the MG ZS subcompact crossover, is priced from 119,800 yuan (about $17,850) and has a range of 335 kilometers. It is powered by lithium ion batteries supplied by China’s Amperex and...