SAIC-owned MG plans to launch 13 new EVs in two years globally. This news was shared by the brand’s general manager, Chen Cui. MG plans to invest 10 billion yuan (1.4 billion USD) in the development of new energy vehicles. These would include a range of BEVs, range extenders and plug-in hybrids. Chen Cui said that while MG’s petrol-powered cars have strong demand in China, the brand will actively explore the new energy vehicle market. The plan is to launch 13 new energy vehicles globally in the next two years. MG will use the technology and supply chains of parent company, SAIC, in the development process. He also said that the brand’s entry into the NEV segment would not be driven by low prices. The upcoming 13 new energy vehicles include BEVs, EREVs, and PHEVs. MG officials shared that they will actively promote vehicle connectivity solutions with Oppo and semi-solid state battery tech. MG aims to become a globally leading Chinese new energy brand. The new MG4 electric hatchback is the first product that aligns with the brand’s new strategy. The market launch of the MG4 is scheduled for 29th August. Source: Car News China
