SAIC has launched a series of Chinese-made MG electric cars, which have proved very popular in the UK in part because of relatively low prices. The MG4 EV was the second bestselling electric car in the UK in the first seven months of 2023, behind Tesla’s Model Y SUV, according to the Society of Motor Manufacturers and Traders.
Matthias Schmidt, the founder of Schmidt Automotive Research, said: “The success in the UK of MG, which belongs to the China-state-owned SAIC, can partly be attributed to the fact that the brand, celebrating its centennial year this year, sees the UK as its ancestral home with a major design studio in London.Photograph: © 2023 Copyright MG Motor group
“Many UK customers may be unaware that MG is anything else but UK-owned, while MG’s new roadster, the Cyberster, will do even more to add to its British racing heritage image among many.”