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SAIC Motor to build first European EV plant in Galicia, Spain

SAIC Motor to build first European EV plant in Galicia, Spain

The Galicia regional government has announced that SAIC Motor will invest €200 million to build its first electric vehicle manufacturing plant in Europe, creating more than 2,300 local jobs. Chinese automakers are shifting production capacity westward as domestic sales fall sharply.

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New energy vehicles now account for 56.9% of all new car sales in China

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