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Chinese Automaker SAIC Motor to Build Electric Vehicle Plant in Spain

Chinese Automaker SAIC Motor to Build Electric Vehicle Plant in Spain

Photo: TechNode

Quick answer

SAIC Motor is constructing its first European EV plant in Spain with a €200 million investment and an annual capacity of 120,000 vehicles. The project will create 2,300 jobs and launch production by 2028.

Chinese automaker SAIC Motor is launching a major project in Europe: an electric vehicle plant will be built in Galicia, northwestern Spain. The announcement was made by the region’s president, Alfonso Rueda. The first phase of construction will involve a €200 million investment.

The facility will be located in the city of Ferrol, A Coruña province. Once fully operational, the plant will produce up to 120,000 electric vehicles annually. The project also includes the development of an industrial zone near the local port to optimize logistics and vehicle assembly.

Construction will begin in 2027, with production scheduled to start by the end of 2028. According to Galicia’s authorities, the project will create over 2,300 jobs in the region. This marks SAIC Motor’s first plant in Europe, representing a significant step in the company’s international expansion.

SAIC Motor is already actively developing electric vehicle production under its MG and Roewe brands. The new plant will strengthen the company’s position in Europe, where demand for eco-friendly transportation continues to grow.

Common questions

What is SAIC Motor’s role in the electric vehicle market?
SAIC Motor is one of China’s largest automakers, actively expanding its electric vehicle segment. The company owns the MG and Roewe brands, under which it produces electric and hybrid models.
Why did SAIC Motor choose Spain for its plant?
Spain offers favorable conditions for automakers, including access to the European market, developed infrastructure, and government support. Galicia’s proximity to a port also enhances logistics efficiency.
What are the prospects for SAIC Motor’s plant in Europe?
The plant will serve as SAIC Motor’s key production hub in Europe, strengthening its position in the EV market while reducing logistics costs. The project will also intensify competition among automakers in the region.
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Prepared by the V-Help editorial team from the primary source with a published date.

Published by: V-Help.ru news desk

Source: TechNode