China’s SAIC (MG) to build first EU plant in Spain’s Galicia

Summary: Chinese automaker SAIC is establishing its first EU manufacturing facility in Spain’s Galicia region, investing €200m to produce 120,000 vehicles annually. The project includes a production plant in Ferrol and a logistics hub in As Pontes, creating approximately 1,300 jobs. Operations are expected to commence in 2028.

Brands mentioned: SAIC, MG