MG's new flagship fastback for the Chinese market. SAIC's next-generation NEV platform, PHEV or BEV powertrain options (details unconfirmed). Lidar above the windshield, Momenta autopilot. Pricing and specs not yet announced.
MG
British nameplate owned by China's SAIC since 2007. Sells electric and hybrid cars in Europe, Australia, and China. One of the fastest-growing EV brands in Europe by volume.
SAIC will build a new MG factory in Galicia, north-west Spain - likely in the port of Ferrol. It is MG's first European production since the Longbridge plant closed in 2016. Capacity is 120,000 cars a year, but the modest €200m investment points to assembly rather than full localisation - a way around EU tariffs on Chinese EVs.
SAIC has launched the MG 4X in China. The compact EV SUV uses a semi-solid-state SolidCore battery developed by SAIC Qingtao. Launch price: from 92,800¥ ($13,700).
SAIC has released official images of the MG 07, the successor to the 2023 MG 7 and the brand's new China flagship. Fastback-liftback body, LiDAR mounted above the windscreen, PHEV and BEV powertrains confirmed, Momenta autonomous driving. Full specs and pricing to follow at the official launch.

Most European badges trace back to about five mega-groups - Volkswagen, Stellantis, BMW, Mercedes-Benz and Renault. But several beloved European brands are now owned abroad, in China, India and the UAE, and a few Chinese and joint-venture names now sell under European flags. Here is who owns what in 2026.

China's car market runs on a handful of giant groups, each fielding a stack of brands. Here is who owns what - the parent companies, the sub-brands, the Huawei alliance, and why the chart keeps changing.
MG was founded in Oxford in 1924 as a British sports car maker. SAIC Motor acquired the brand in 2007 and repositioned it as a volume EV and crossover brand for export markets. Current models are developed and built in China.
In Europe, MG ranked among the top five EV brands by registrations in 2024. The MG4, MG ZS EV, and MG HS are its main volume models. The MG 07 fastback - a larger, more premium proposition - is aimed at SAIC’s Chinese home market first.