SAIC Motor Germany Public Relations Manager Marc Hecht reminds that this year is the 100th anniversary of the MG brand, which belongs to SAIC, and stated that the company plans to open more stores in Europe.
Chinese Automobile Giant Will Cope with Challenges in the EU
SAIC Motor Europe Vice President Yuan Yingchen emphasized that the company will fulfill its commitment to European consumers despite the European Union’s (EU) decision to increase temporary customs duties on Chinese-made electric vehicles (EV).
Reaction to the EU’s Tax Decision
During the Europe-China CEO Roundtable Panel held in Brussels on Wednesday, Yuan criticized the EU’s temporary tax decision on Chinese electric vehicle manufacturers, stating that China was accused of unfair subsidies.
SAIC Motor’s Long Term Plans
As SAIC Motor continues to strengthen its presence in the European market, it is working on a plan to establish an engineering research and development center in Frankfurt and a factory in Europe to encourage adaptation and customization.
According to the information provided by Yuan, the company aims to open more stores in Europe and offer vehicles designed to meet the preferences of European consumers.
