SAIC's MG focuses on exports, high-end market

MG, a brand under SAIC Motor, is driving its growth by stepping up efforts in overseas markets and China's high-end vehicle segment.

As one of the most popular Chinese brands in overseas markets, MG is available in over 80 countries and regions around the world. The carmaker said its overseas deliveries have exceeded 1 million units.

Earlier this month, ships loaded with 10,000 MG4 electric vehicles left Shanghai's Haitong port for Europe, marking China's largest single shipment of EVs bound for overseas markets.

In the fourth quarter, the hatchback is expected to be sold in around 20 major nations on the continent.

Statistics from the China Association of Automobile Manufacturers show that China's vehicle exports exceeded 1.82 million in the first eight months of the year, up 52.8 percent year-on-year.

MG is also exploring the high-end gasoline car segment. Its MG7, the first model to bear its premium black badge, sports SAIC's third-generation 2.0-liter turbocharged engine.

It can accelerate from zero to 100 km/hour in 6.5 seconds and its fuel consumption is as low as 6.2 liters per 100 km. The MG7 also features the 33-inch display and the Bose Premium audio system.