In a significant development for Thailand's electric vehicle (EV) market, the all-electric MG4 is now being locally manufactured in the country. The first MG4 Electric unit recently rolled off the production line at the SAIC-CP car factory in Chonburi, which is a joint venture between SAIC Motor and the Charoen Pokphand Group.
SAIC-CP's state-of-the-art facility in the Chonburi province has a production capacity of up to 100,000 vehicles annually. Beyond conventional combustion vehicles, this plant has diversified its portfolio to include the assembly of electric cars, catering to both the domestic Thai market and international export. Additionally, SAIC recently unveiled a cutting-edge battery factory in Chonburi province with an impressive production capacity of 50,000 units per year.
The MG brand, under SAIC's banner, made its debut in Thailand in 2019, and the MG4 Electric has been available in the Thai market since September 2022. This compact crossover, introduced in the same month, was meticulously designed by MG to cater to global markets. In China, it goes by the name MG Mulan, and in international markets, it is known as the MG4 Electric. Notably, there are discussions about potential production of this model in Europe, further expanding its global footprint.
Meanwhile, a report by market research company Canalys from October 25 reveals MG's remarkable achievement in Chinese New Energy Vehicle (NEV) exports. MG emerged as the leader in Chinese NEV exports during the first half of the year, boasting a significant market share of 25.3 percent. This means that MG alone accounted for a remarkable quarter of all electric cars and plug-in hybrids exported from China, underscoring the brand's prominent role in the global EV landscape.