Shanghai April 4, 2021; MG (Morris garages) is a British automotive manufacturing company which started production from early 1920s in the UK. Best known for its two-seat open sports cars, MG also produced saloons and coupés as well.
However since 2011 MG (MG Motor UK Limited) headquartered in Longbridge, Birmingham, United Kingdom, and a subsidiary of SAIC Motor UK, has been owned by the Shanghai-based SAIC Motor. MG Motor designs, develops and markets cars sold under the MG marque. MG Motor is the largest importer of Chinese made cars into the United Kingdom. The marque returned to competitive motorsport in 2012, and won the 2014 British Touring Car Manufacturers Championship.
Carl Gotham, director of SAIC Design Advanced London. “Sports cars are the lifeblood of the MG DNA and Cyberster is a hugely exciting concept for us.”
The Cyberster has an electric powertrain and comes loaded with hopeful numbers like a 500-mile (800-km) range and three-second 0-62 mph (100 km/h). MG says it also features 5G connectivity.
SAIC MOTOR INTERNATIONAL CO., LTD (SMIL) is the largest auto company on China’s A-share market and has a total equity of 11.683 billion shares. SAIC Motor strives to grasp the trend of industrial development and speeds up the innovation-driven industrial transformation, and it is growing into a full-range vehicle products and travel services provider from a traditional manufacturing enterprises.