China's SAIC scouting for a site to build EV manufacturing plant in Europe

China's SAIC scouting for a site to build EV manufacturing plant in Europe

FILE PHOTO: An MG Motor logo is displayed during an electric vehicle launch event in Mexico City, Mexico April 20, 2023. REUTERS/Toya Sarno Jordan

China’s SAIC Motor is working on the site selection to build a plant in Europe to produce electric vehicles, the company said on Tuesday, as it presses ahead with it expansion in the region.