SAIC hatches plan to export MG4 out of Thai factory to EU to avoid tax
August 27, 2024
SAIC Motor Corporation, the owner of the MG brand, which is currently the best-selling Chinese EV in Europe, is hatching a plan to export its popular MG4 model straight out of its Thai manufacturing plant to sail around the EU’s maximum 46.3% (36.3 % + 10%) import tax. According to Thai media, the factory was […]