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MG 07 Hits 42,000 Locked Orders in 20 Days, Long-Range Version Takes 45%

SAIC MG announced that the MG 07 has accumulated more than 42,000 locked orders within 20 days of launch, with versions offering over 800 km of CLTC range accounting for more than 45% of early orders. The car is priced from 108,900 to 159,900 yuan. Based on the Nebula platform, it offers plug-in hybrid and pure electric dual powertrains. The plug-in hybrid has a pure electric range of 245 km, while the pure electric version offers up to 845 km and supports 800V and 5C charging. The LiDAR version starts at 115,900 yuan after subsidies. The 650 km and plug-in hybrid versions have been delivered, and the 845 km version is scheduled for delivery in October. The pace of production ramp-up will determine the conversion of these orders.

42546 days ago
Chinese Passenger Cars Overtake Japanese Brands in Europe for the First Time

Chinese Passenger Cars Overtake Japanese Brands in Europe for the First Time

June 2026 data reveals a historic milestone: Chinese passenger car brands have surpassed Japanese manufacturers in European sales volume for the first time. BYD, SAIC MG and Geely Lynk & Co continue to expand market share while Toyota and Honda struggle with slow electrification. Chinese NEVs are accelerating penetration through technology leadership and cost advantages, complemented by local production and KD assembly strategies that effectively navigate tariff barriers.

741113 days ago
SAIC Motor Spain Plant Lands, European Localization Accelerates

SAIC Motor Spain Plant Lands, European Localization Accelerates

SAIC Group announced its Spain factory has officially landed, with production scheduled to begin in 2026. In 2025, SAIC sold 306,000 vehicles in the European market, a year-on-year increase of 24.9%, establishing certain brand recognition. The Spain factory is a critical step for SAIC to address EU tariffs, deepen local supply chains, and shorten delivery cycles. The plant will produce MG brand vehicles, covering mainstream European markets. This project's advancement signifies that Chinese automakers' transformation from vehicle exports to localized manufacturing is accelerating, which also carries demonstrative significance for Central Asian and Russian markets.

618147 days ago