MG is to set up a car manufacturing plant in Galicia, Spain with €200m investment.
The facility will create more than 2,000 jobs across Europe with production scheduled to begin in 2028, with an annual capacity of up to 120,000 vehicles.
MG, which is owned by the Chinese car giant SAIC Motor, said the announcement comes at a “pivotal moment” for the European automotive industry, as the EU’s 2035 zero-emission targets continue to accelerate the shift toward electrified mobility.
In recent months, MG has added to its product range with the MG4 EV Urban and the MGS9 Plug-in Hybrid.
In the UK, MG market share stands at 4.04% in the year to April with close on 31,000 sales.
William Wang, managing director, MG UK and Europe said: “Through our ‘In Europe, For Europe’ strategy, we are not simply responding to the future of mobility—we are helping define it.
“By investing in local capabilities, strengthening our European footprint and fostering a more competitive automotive ecosystem, we are accelerating Europe’s journey towards a cleaner, smarter and more sustainable mobility future.”
