Would you buy a car without a price-tag? MG is taking orders for its $100,000-plus Porsche Boxster-challenging 2025 MG Cyberster electric car ahead of official pricing being released later this year

MG has confirmed the grade of its upcoming Cyberster convertible electric sports car, and announced that order books are now open, even though official pricing is yet to be revealed.

Stating only that its before on-roads price (MSRP) would land between $100,000 and $150,000, the Chinese-owned brand said the actual price would be revealed closer to its release in the fourth quarter of this year.

The single grade, which is an all-wheel drive with a 77kWh battery pack, is already on sale in the UK, where it carries an equivalent price (which includes the UK’s value added tax) of $115,636 at current exchange rates. The UK market also receives a more affordable single-motor RWD variant, which comes in at the equivalent of $106,000.

The 77kWh AWD version is able to put out a maximum 375kW/725Nm and can run the 0-100km/h sprint in 3.2 seconds. Driving range is rated on the WLTP cycle at 445km.

Features have also yet to be locked in for the Australian market, but if they match the UK spec vehicle, expect 20-inch alloy wheels, electric scissor doors, electrically adjustable and heated seats with synthetic leather interior trim with Alcantara highlights (with the option of red interior trim at the equivalent of $1000), a heated steering wheel, a digital instrument cluster made up of one 10.25-inch screen and two 7.0-inch screens, an additional centre 7.0-inch multimedia touchscreen with Apple CarPlay and Android Auto connectivity, eight-speaker Bose audio, ambient interior lighting, dual-zone climate, four driving modes (comfort, sport, custom, and track) three mode regenerative braking adjust via paddle shifters, with a single-pedal driving mode and a vehicle-to-load (V2L) two-way charging system.

It also has a comprehensive active safety suite, with a 360-degree parking camera, and online services for the nav. 

Maximum charging speed on a fast DC charger is a claimed 144kW for a charge time in 38 minutes according to the UK-spec vehicle, while the 7.0kW AC charger delivers a full charge from 10 per cent in 10.5 hours.

MG’s Australian division has said the Cyberster “pays respects to 100 years of MG creating vehicles that people love to drive” and that “limited numbers” of its new flagship sports car will be imported, expecting there to be limited supply “given the interest we’ve already had from the public and 90+ dealers.”

It also claims the Cyberster is “Australia’s first all-electric roadster” although the original Tesla Roadster was officially sold in Australia in 2011 and 2012.

At more than $100,000, the Cyberster is new territory for the Chinese-backed incarnation of MG which rose to success in Australia off the back of its affordable and largely not supply-constrained MG3 hatchback and ZS small SUV.

Its MG4 electric hatch has also risen to the top of its segment with an impressive 2376 units sold so far in 2024, but interestingly it is being outsold by BYD’s Seal sedan. MG’s strong lead amongst Chinese brands in Australia looks to be challenged in the next few years as many more rivals out of China have signalled their intention to set up shop Down Under.

GAC, Leapmotor, Geely, Xpeng and more have designs on an Australian launch either before the end of 2024 or in 2025, playing in various segments from Xpeng’s electric-only offerings to GAC’s ability to offer a full array of hybrid, electric, and even combustion passengers cars.