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MG Thailand Reports Strong First-Half Growth, Raises Annual Sales Target

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MG Thailand has announced a 67% growth in vehicle registrations for the first half of 2026, prompting the company to increase its annual sales target to 36,000 units.

According to a report by Khaosod Online Thailand, MG Sales (Thailand) Co., Ltd. has experienced significant growth during the first six months of 2026. Data provided by the company indicates that MG achieved 16,920 vehicle registrations, marking a 67% increase compared to the same period last year. This performance outpaces the broader Thai automotive market, which saw a 16% growth with a total of 374,424 registrations.

Chatwitai Tantraporn, Deputy Managing Director of MG Sales (Thailand), stated that the company’s success is largely driven by the popularity of its electric vehicle lineup. Specifically, the NEW MG S5 EV PLUS recorded 6,341 registrations, while the MG4 ELECTRIC reached 6,018 units. Due to these results, MG has revised its annual sales target upward from 30,000 to 36,000 vehicles and plans to intensify its market activities in the second half of the year.

For residents and travelers, this growth reflects the increasing prevalence of MG electric vehicles on Thai roads, which may influence charging infrastructure demand and local automotive service availability. While the company has set a new, higher sales goal, it remains to be seen how market conditions will evolve throughout the remainder of 2026 and whether the company will successfully meet its revised target of 36,000 units by year-end.

Translated from Thai.

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