$10,000 electric car deal will "never be repeated": 2024 MG4 Excite 64kWh price slashed as it undercuts the BYD Dolphin and Atto 3, GWM Ora and the MG ZS

MG has doubled down on its price cuts for the MG4 electric small car.

It has slashed about $10,000 off the price of the Excite 64kWh variant, with a new national drive-away price of $34,990.

It applies to 2023 models and follows a similar discount in September to 2023 versions of the base Excite 51kWh variant.

That deal catapulted the MG4 above fast sellers like the Tesla Model Y and BYD Atto 3 in the sales charts.

The 51kWh model is currently priced at a national drive-away price of $32,990 for 2024 variants.

The 64kWh version comes with a significantly bigger battery that delivers a claimed driving range of up to 450km, or 100km more than the smaller capacity 51kWh variant.

MG Motor Australia’s CCO Giles Belcher said, “MG saw an incredible response to the pricing offers on the MG4 in October. Our dealerships across the country were able to help Australians switch to EV driving with the MG4. These price offers finish at the end of the year and will never be repeated.”

These discounts make the two MGs the cheapest electric cars on the market.

It also puts it on par or less than most petrol and hybrid vehicles.

A Toyota Corolla Hybrid starts at about $36,000 and the cheapest Mazda3 starts at $32,990, drive-away — it even gets close to the brand's cut-price hybrid, the MG 3 Essence ($30,490 drive-away in Vic).

Another sweetener on the deal is all MGs are now covered by a 10 year/250,000km warranty and seven years of capped priced servicing.

All versions - beside the performance orientated XPower - use a single rear-mounted electric motor that makes 125kW/250Nm in the 51kWh version and 25kWh extra or 150kW in the 64kWh and 77kWh examples.

The bigger battery version also benefits from faster charging, with a max DC rate of 140kW compared to just 88kW in the base version. Both can only take up 6.6kW via an AC charging point.

The two Excite variants are fairly basic inside with manually adjustable cloth-wrapped seats, 17-inch alloy wheels, a synthetic leather-trimmed steering wheel and a 7.0-inch digital driver display and 10.25-inch central multimedia screen with Apple CarPlay and Android Auto.

The discounted versions also miss some safety tech such as blind-spot detection, rear cross-traffic alert and emergency lane keep assist, which comes standard on more expensive versions./mg/mg4