SAIC to Build First European EV Factory in Spain with €200M Investment, Creating 2,300+ Jobs

According to Jin10, on June 2, SAIC announced it will build its first European electric vehicle factory in Spain's Galicia region. The project will receive an initial investment of €200 million and is expected to create over 2,300 jobs locally. Construction will begin in 2027, with the factory targeting operational status by end of 2028. The facility, located in Ferrol, Coruña province, is projected to produce 120,000 vehicles annually.
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