It seems the mystery surrounding where the Chinese giant SAIC Motor will ultimately establish itself in Europe has been solved. After more than two years of closely examining the European landscape, MG has set its sights on the Ferrolterra region to establish what will be its MG's first integrated production center in EuropeThis move is significant, representing a giant leap for a brand that, while rooted in Britain, now operates under Chinese ownership. It now seeks to solidify its presence in an increasingly demanding and competitive market.
The decision, which is now official, places Galicia in a privileged position over other strong contenders, such as Valencia, or even other countries like Hungary and Morocco. The success of MG and SAIC in Spain has been a significant catalyst, with figures that They have exceeded 130.000 registrations since 2021 And growth that shows no signs of slowing down. In the end, the balance has tipped towards the northwest of the Iberian Peninsula thanks to a combination of logistical factors, operating costs, and the strength of an auxiliary industry that already knows what it means to work at the highest level with other manufacturers in the sector.
Ferrol and As Pontes: the two fundamental pillars of the industrial project…
SAIC's arrival in Galicia will not be limited to a single facility. The plan being considered by management envisions a colossal complex with nearly one million square meters in the outer port of FerrolThe final assembly of the vehicles would take place there. But that's not all, as the strategy would be complemented by a plant dedicated to the manufacture of components in the town of As Pontes, where SAIC Motors has reinforced its interest in the PlisanThis dual leadership would allow it to optimize processes and leverage the area's energy infrastructure. All of this has led the Galician government (Xunta) to consider the initiative as a Strategic Industrial Project to streamline all procedures necessary administrative procedures.
The choice of this location also responds to a matter of pure commercial logic. The brand maintains its design center and main offices in the United Kingdom, and the direct maritime connection from the Galician coast This greatly facilitates the shipment of units to one of its strongest markets. Furthermore, having a well-established supplier network and a skilled workforce were key factors that the Asian group valued highly in deciding against purchasing older plants from other manufacturers. opt to build your own facilities from scratch.
A legitimate barrier against tariffs imposed by the European Union…
To circumvent European market restrictions, the brand is committed to producing directly within the EU. Currently, the Chinese electric cars Imported goods face tariffs of up to 45,3%. This significant additional cost is absorbed internally by MG to protect its customers. By locating its factory in the region, the brand eliminates this cost, thus reinforcing its strategy. low prices in hybrid and battery-powered models. The goal is to keep their focus on their sustainability targets set for 2030.
The company's global growth has already reached the milestone of 100 million customers, demanding a after-sales service top-tier. In this ecosystem, Spain is key thanks to a modern 10.000-square-meter spare parts center in Guadalajara and its powerful logistics hub in Barcelona. This robust network guarantees parts delivery in just 24 hours. This reinforces the confidence of drivers seeking alternatives. sustainable mobility accessible, efficient and with fast technical support.
The new plant in Galicia, in addition to the Stellantis plant in Vigo, will generate an unprecedented economic revolution in the region's industry. With an investment of around €200 million and 2.000 jobs expected, the region will boost... vehicle manufacturing with up to 120.000 units annually and twelve new models. This historic arrival of SAIC definitively consolidates Spain as the second largest automotive producer in Europe and an undisputed leader in the global energy transition.
Source - MG by Newspress Spain
Images | MG
