SAIC Motor Passenger Vehicle Company (SMPV) has surpassed one million vehicle sales for 2026 by early November, the company has confirmed. SMPV is a wholly-owned subsidiary of SAIC Motor Group, itself a Chinese state-owned automaker.
SAIC Motor Passenger Vehicle Company’s Sales Performance
The milestone comes despite intensifying competition and declining policy incentives for new energy vehicles (NEVs), with SMPV recording January to October sales growth of 43.8% year on year, the fastest among million-unit automakers and 34.3 percentage points ahead of the second-fastest growth rate in the same category.
Monthly sales exceeded 100,000 vehicles for seven consecutive months from April 2026, with the one-million mark reached in less than 11 months. NEV sales surged 157.6% year on year, the fastest growth among the top 10 manufacturers; they accounted for 61.7% of total vehicle sales in October, rising sharply from 36.4% in January, making electrification the primary growth driver for the company.
The turnaround behind SMPV’s milestone began as early as 2025, when the company started aligning resources around a common strategic direction and concentrating them on core products. By late 2025, SMPV had integrated product development, marketing and customer engagement end to end, embedding R&D, manufacturing and sales coordination directly into its organizational processes.
Customer input now informs product definition more rapidly, while technical expertise translates more directly into production vehicle features. Rather than operating in parallel, organizational efficiency, technical expertise and product definition now function as an integrated set of capabilities applicable across vehicle models.
SMPV has also developed a repeatable product development approach that incorporates customer needs from the outset of planning. Marketing and product teams participate in “red-team/blue-team” reviews, challenging each product’s value proposition from both market and product perspectives across multiple rounds of assessment.
MG 07 & Roewe Jiayue 07 Lead SMVP’s Momentum
SMPV’s two primary brands, MG and Roewe, share core technologies and supply chain resources. Advanced technologies including integrated thermal management, semi-solid-state batteries, AI-native architecture and AI-native cockpits have been introduced across both brands, spreading R&D costs across larger production volumes. SAIC Motor also partners with HASCO, Yanfeng, QingTao and Momenta to bring advanced features to vehicles at mainstream price points.
The Roewe Jiayue 07, the first AI-native model in Roewe’s lineup, officially launched on 23 October. Built on the CPP AI-native architecture developed in collaboration with ByteDance’s Volcengine, the model attracted more than 10,000 firm orders within 1 minute and 53 seconds, following 51,827 preliminary reservations during its presale period. Nationwide deliveries began on 1 November and reached 5,000 vehicles within the first week.
The MG 07, launched on 21 August, is an intelligent sports sedan targeting young drivers in the RMB 100,000 to 200,000 price segment. It recorded over 10,000 firm orders within 1 minute and 57 seconds of launch, with locked-in orders surpassing 42,000 within 20 days. Mid- and high-spec variants accounted for 94.5% of cumulative sales. The MG 07 delivered 14,577 vehicles in its first month and 12,393 in October, maintaining a top-two position among NEV sedans in China by sales.
The MG4 continues to perform strongly alongside these newer models. Cumulative global sales have exceeded 525,000 vehicles, with monthly China sales consistently surpassing 10,000 for 13 consecutive months. In October, China sales reached 15,503 vehicles, making it the best-selling compact car across all powertrain types. Internationally, the MG4 has earned five-star safety ratings from both Euro NCAP and ANCAP and has repeatedly led sales in Europe’s compact battery-electric vehicle segment.
Pokdepinion: Selling a million cars in under 11 months is impressive, but wait until they try doing that outside China.
