| CEO Name | Wang Xiaoqiu |
| Nationality | China |
| Net Worth Estimation | $10 million |
Wang Xiaoqiu, CEO of MG Motor (a subsidiary of SAIC Motor), is estimated to be worth around $10 million USD primarily through executive compensation, SAIC Motor stock-based incentives, and long-standing leadership roles within China's automotive sector. His net worth reflects the financial success and global expansion of SAIC Motor, one of the world's largest auto manufacturers.
Wang Xiaoqiu, CEO of MG Motor (SAIC Motor), has an estimated net worth of $10,000,000, which is 2.04% of the maximum and 10% of the minimum net worth within the automotive business category range of $1,000,000 to $500,000,000. His financial standing places him above the minimum but far below the maximum for automotive CEOs.
Business Category: Automotive
Minimum Net Worth (estimation): 1000000 USD
Maximum Net Worth (estimation): 500000000 USD
Wang Xiaoqiu Performance in MG Motor (Morris Garages Motor, SAIC Motor)
Wang Xiaoqiu, CEO of MG Motor under SAIC Motor, demonstrates strategic leadership by driving global expansion and innovation in electric vehicles. His decision-making emphasizes sustainability and technological advancement, boosting MG's market competitiveness. Under his performance, MG Motor has significantly increased its international presence and sales, strengthening SAIC Motor's global automotive footprint.
Latest News
MG Motor's global expansion and CEO leadership under SAIC Motor
MG Motor, owned by Chinese giant SAIC, plans to launch 13 new electric vehicles globally within two years and will debut solid-state battery EVs in 2025, underscoring its push into new energy vehicles under the leadership of SAIC management. SAIC, the 7th largest global automaker, reported strong sales growth in 2025, and MG is expanding its global presence while SAIC redefines its investment focus in markets like India amid strategic shifts.
Source: http://carnewschina.com/2025/08/25/saics-mg-to-release-13-new-evs-in-2-years-globally-with-1-4-billion-usd-investments/