MG invests 200 mln in Spain for first plant in continental Europe
The site is set to become a strategic hub for MG's next phase of growth and is expected to generate over 2,000 jobs in Europe
MG is strengthening its presence in Europe with a €200 million investment to build the brand's first production plant in continental Europe. The plant will be located in Galicia, Spain, and represents a central step in the European development strategy of the carmaker controlled by the Chinese group SAIC Motor.
According to the company, the project constitutes 'a milestone in MG's long-term commitment to the European market' and is part of thestrategy called 'In Europe, for Europe', with which the brand aims to consolidate its industrial presence on the continent.
The plant will come into operation in 2028 and will have a production capacity of up to 120 thousand vehicles per year. The site is set to become a strategic hub for MG's next phase of growth and should generate over 2,000 jobs in Europe.
The new industrial complex will integrate research and development, advanced manufacturing, key component supply and intelligent logistics operations. The aim is to create a fully connected industrial ecosystem capable of tracking the entire production chain. The platform will also enable the expansion of local production and sourcing, strengthening the resilience, responsiveness and agility of the European brand supply chain.
Not only that. MG also intends to strengthen collaboration with European technology partners, research institutes and local suppliers to accelerate innovation in some of the areas considered most strategic for the future of the automobile. These include next-generation batteries, intelligent mobility systems and clean energy solutions.
