Automotive Nov 03, 2020 09:34 AM (GMT+8) · EqualOcean
According to its plan of selling more than 1 million vehicles overseas, the Chinese state-owned automotive design and manufacturing company SAIC said that it will sell at least 100,000 new energy vehicles (NEVs) in Europe per year by 2025. NEVs comprise mainly battery electric vehicles and plug-in hybrid vehicles (PHEVs). SAIC Motor launched its first self-operated direct shipping route to Europe last week with a consignment of 1,800 NEVs. The firm has now expanded its business to more than 60 countries and regions worldwide under the MG and Maxus brands, including eight markets in which its sales have exceeded 10,000 vehicles per year.

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