Shulou(Shulou.com)11/24 Report--

Thank you, Mr. Air, a netizen of CTOnews.com, for your clue delivery! CTOnews.com news on July 4, according to the Shanghai Securities News, Zhao Aimin, deputy general manager of SAIC's international business department, revealed that SAIC's European plant is being actively selected. In the future, more global models of SAIC MG will be put into production in European factories, and around the European plant, SAIC Mingjue will put more than a dozen models into Europe.

According to reports, SAIC sold 530000 vehicles in overseas markets in the first half of 2023, an increase of 40 per cent over the same period last year. Among them, independent brands accounted for more than 70 per cent, and Mingjue brand global sales of 370000 vehicles, an increase of 40 per cent over the same period last year.

According to SAIC's official forecast, the group's overseas sales "will exceed 1.2 million vehicles" in 2023, and the Mingjue brand will exceed 800000 vehicles. The brand "ranks among the top 10 of a single brand in nearly 20 countries around the world".

According to CTOnews.com, data recently released by the European Association of Automobile Manufacturers (ACEA) showed that the number of new cars registered in Europe in May was 1.12 million, an increase of 18% over the same period last year, while the increase in electric vehicles was as high as 66%. Tesla and SAIC Mingjue are popular in the European market.

"consumers seem to have responded well to the offers offered by the two companies (Tesla and Mingjue)," said Felipe Munoz, an analyst at Jato Dynamics. "

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