MG

MG was founded in the 1920s in the United Kingdom and currently operates under the China-based SAIC Motor. The brand competes globally—particularly in Europe, Asia, and the Middle East—with electric and hybrid vehicles.

MG Logo (MG Official Website)

Historical Development

MG gained fame for its classic sports cars. After being acquired by SAIC in 2007, the brand underwent restructuring and began its electrification strategy. In the 2020s, MG increased global recognition with models such as the MG4 EV, ZS EV, and HS PHEV. By 2024, the brand delivered approximately 700,000 vehicles worldwide.

Product Range

Passenger and Compact Cars

• MG3: Subcompact hatchback
• MG4 EV: Compact BEV; second best-selling electric vehicle in the UK in 2023
• MG5 / MG ES5: Sedan and station wagon; ICE and BEV versions
• MG6 / MG7: Mid-size ICE sedans
• MG ONE: Compact SUV

SUVs and Crossovers

• MG ZS / ZS EV / ZS Hybrid+: Small SUV; ZS Hybrid+ became the best-selling hybrid in the UK in 2025
• MG HS: SUV; ICE and plug-in hybrid variants
• MG S5 EV (ES5): C-segment BEV crossover; launched in Europe and Asia by 2025

Electric Sports and Micro Mobility Vehicles

• Cyberster: Electric roadster sports car
• Comet EV / Windsor EV: Entry-level city EVs, targeting the Indian market

Electric Vehicle Technology

MG uses SAIC’s e-Platform to develop BEV and hybrid vehicles. Models are equipped with LFP and NMC battery technologies, balancing cost and range. Performance-oriented BEVs like the Cyberster and Battery-as-a-Service (BaaS) solutions expand customer options.

Global Production and Financial Performance

MG’s production and assembly network spans China, India, the Middle East, Europe, and Southeast Asia.

• 2024: Global deliveries ≈ 700,000 units
• Q1 2025: Europe sales of 78,505 units, market share 2.3%
• Middle East sales increased 10% to 70,033 units

Market Performance and Growth

• MG4 EV became the second-best-selling BEV in the UK in 2023 after the Tesla Model Y
• Windsor EV accounted for 49% of MG’s total sales in India by the end of 2024
• SAIC leased one of the world’s largest car transport ships to increase MG’s reach in European markets like Spain and Portugal

Strategic Goals and Future Vision

MG plans to gradually phase out internal combustion vehicles by 2030, shifting its lineup toward BEV and hybrid models.

• Europe: Growth with ZS Hybrid+, MG4 EV, and S5 EV
• Asia: Comet and Windsor EV target value-for-money segments
• Middle East: Expansion of distribution infrastructure and dealer network