MG is set to launch 13 new electric and hybrid vehicles globally in two years, backed by a $1.4 billion investment. The move aims to boost MG’s global presence with advanced technology and affordable pricing.
MG Motor is set to launch 13 new electric and hybrid vehicles globally in two years, backed by a $1.4 billion investment. The move aims to boost MG’s global presence with advanced technology and affordable pricing.
MG has announced a bold plan to launch 13 new energy vehicles (NEVs) globally over the next two years. This strategic move, revealed by MG General Manager Chen Cui on 25 August 2025, is backed by a significant investment of 10 billion yuan (approximately $1.4 billion USD).
The upcoming models will include battery electric vehicles (BEVs), extended-range electric vehicles (EREVs), and plug-in hybrids (PHEVs), reflecting MG’s ambition to become a leading global NEV brand.
Since its acquisition by SAIC in 2005, MG has transformed into a key export brand for the group. In the first half of 2025, MG sold over 1.5 lakh units in Europe, making it SAIC’s top overseas performer.
However, in China, MG’s NEV sales have lagged behind its petrol models, with just over 57,000 units sold from January to July 2025. Despite strong demand for petrol cars like the MG5 sedan, MG is now pivoting towards NEVs, focusing on innovation rather than price wars.
This shift aligns with SAIC’s broader vision to reduce fossil fuel reliance and boost global competitiveness. The $1.4 billion investment will drive research and development in advanced battery technology, intelligent cockpits, and vehicle connectivity, including partnerships with tech giants like Oppo.
MG is also integrating semi-solid state batteries, promising higher energy density and improved cold-weather performance.
The 13 new models will cater to global markets, with a focus on connectivity and advanced battery systems. The first of these, the all-new MG4 EV hatchback, features a 120 kW electric motor, up to 537 km range, and a starting price under ₹12 lakh in China.
It boasts a 15.6-inch infotainment screen, gesture controls, and enhanced safety ratings, aiming to rival models like the BYD Dolphin.
MG is also preparing hybrid models for Europe and compact SUVs for India, where the JSW MG joint venture plans to invest up to $2 billion and produce 10 lakh units annually by 2030.
MG’s expansion supports SAIC’s overseas sales targets, with a strong presence in over 100 countries. As the brand celebrates its centenary in 2025, this investment marks a big step towards becoming a global NEV powerhouse.
Also read: Lamborghini Hits the Brakes on Full EVs: CEO Cites Roaring Demand for ICE Supercars
