MG launches first EV in China
The first electric vehicle by British car brand MG (owned by state-owned Chinese automaker Saic Motor) went on sale in Shanghai.
The EV, a battery-powered version of the MG ZS subcompact crossover, is priced from 119,800 yuan (about $17,850) and has a range of 335 kilometers. It is powered by lithium ion batteries supplied by China’s Amperex and is fitted an Saic electric motor, with maximum horsepower of 100 kW and a torque of 350 Nm.
Starting in the second half of the year, the EV will be exported to the United Kingdom and Australia from China.
SAIC also plans to start assembly of the EV at plants in Thailand and India in the second half as a part of strategy to launch sales of the electric MG ZS in other Asian markets.
Saic's goal is also to sell the EV in European markets after it lands in U.K. in September.