MG, the British-born carmaker now owned by China’s state-owned SAIC, is preparing an aggressive expansion into the global electric vehicle (EV) market with plans to release 13 new energy vehicles within the next two years.
The initiative will be supported by an investment of US$1.4 billion, the company announced.
General manager Chen Cui outlined the strategy, saying MG would leverage SAIC’s extensive technology base and supply chain partnerships to deliver a diverse line-up of battery electric vehicles (BEVs), plug-in hybrids (PHEVs), and extended-range EVs (EREVs).
Chen stated that MG isn’t only focusing on fuel-powered cars, but will actively explore the new energy vehicle market, adding that the move is about innovation and competitiveness rather than simply competing on price.
MG, acquired by SAIC in 2005, has become a key driver of the parent company’s overseas sales, particularly in Europe, where 153,100 units were sold in the first half of 2025.
However, domestic sales have lagged, with just 57,254 units delivered in China between January and July, partly due to a lack of EV models.
The brand plans to integrate connectivity solutions in collaboration with Oppo and develop semi-solid state battery technology to enhance performance and range.
Chen also noted SAIC’s partnerships with Audi and Huawei in other EV ventures, which could strengthen MG’s technology platform.
The first model in this new strategy is the MG4 electric hatchback, which opened for presales in China on 5 August, is set to launch on 29 August, and is expected to launch in Australia in the second quarter of 2026.
A version equipped with a semi-solid state battery will follow by the end of the year. The MG4 measures 4,395mm in length, 1,842mm in width and 1,551mm in height, with a rear-mounted 120kW (161hp) motor.