MG has lower costs of 1 for the third time this month, persevering with a worth slashing spree that has delivered Australia’s most inexpensive EV ever.
The worth best-selling EV mannequin, the MG4 51 kWh variant, has been lower to $30,990 drive away, labelling it the “EV for everybody” within the firm’s phrases.
It’s a important worth drop – greater than $8,000 under the August listing worth of the MG4 Excite 51 of $37,990 earlier than on-roads.
MG Motor Australia’s chief industrial officer, Giles Belcher stated in a press release: “We really consider the MG4 is the EV for everybody and now with these provides, together with the MG4 Excite 51 from $30,990 plus manufacturing facility bonus provides throughout all different trims we’ve an MG4 for each purchaser.”
He famous that the MG4 (51kWh) had gained greater than 15 international awards in addition to incomes a 5-star ANCAP security ranking.
The 51 kWh lithium iron phosphate (LFP) battery pack provides as much as 350 km of WLTP vary. It’s paired with a rear-mounted 125 kW motor that may get the automotive to get to 100 km/h from a standstill in 7.7 seconds.
The AC charging velocity on this automotive is 6.6 kW whereas DC can bump that as much as 88 kW.
In contrast to the MG ZS EV, the MG4 is the primary to make use of MG’s Modular Scalable Platform (MSP) with a skateboard-like design and a rear-wheel drive powertrain paired with a thinner battery design.
Earlier this month, MG began chopping costs of its EVs, bringing costs of its mid-spec 64 kWh MG4 variants down by a $4,000 manufacturing facility bonus.
That got here lower than a fortnight after the model lower the costs of the mid-spec variants of its ZS EV SUV mannequin.
The 64 kWh variant additionally delivers as much as 450 km of vary on a single cost, over 99 km greater than the Excite 51 variant.
In August, MG additionally set a brand new benchmark in Australia by providing an industry-leading 10-year or 250,000km guarantee throughout its complete vary, together with the MG4’s Excite 51 variant.
That’s up from the 7-year guarantee the corporate beforehand supplied on its Australian-delivered automobiles.
MG4 has been the model’s greatest promoting EV, with 2024 gross sales of over 3,300 vehicles.
The newest lower not solely helps in sustaining sturdy curiosity within the already fashionable electrical hatchback but additionally goals to ship industry-leading worth not beforehand delivered in our market.
The pricing is efficient from at present till 31 October 2024.
Riz is the founding father of carloop based mostly in Melbourne, specialising in Australian EV information, perception stories and developments. He’s a mechanical engineer who spent the primary 7 years of his profession constructing transport infrastructure earlier than beginning carloop. He has a ardour for vehicles, notably EVs and desires to assist cut back transport emissions in Australia. He at the moment drives a crimson Tesla Mannequin 3.