MG MG4 2024 News

The small-car segment is stagnant at the moment and consumers are starting to wonder where the replacements for the ageing Toyota Corolla, Mazda3 and Hyundai i30 are, amongst others. Well, some are coming, others may not, and Kia may just have the answer you seek.

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

Is BYD going to go match other Chinese brands with significant discounts on electric vehicles (EVs)? Or will it release an even cheaper city car based on the Seagull hatch?

Despite offering nearly its entire range as electric or hybrids, MG will keep combustion versions of its cars around.

The electric car price war might be coming to an end, and MG has won. The Chinese brand has ripped about $10,000 off the price of its cheapest MG4 electric car with a new national drive-away price of $30,990. This represents a drop of about 25 per cent for the MG4 51 Excite.

Canada has followed the lead of the US and European Union in announcing it will impose a big tariff on Chinese-made EVs. According to the Canadian government, the 100 per cent tax will apply to all vehicles imported from China, including those built by Tesla, who currently ships its Chinese-made EVs to Canada.

There are a handful of new-car bargain gems out there, with a combination of design, packaging, engineering, performance, economy and quality that belie their affordable pricing. We name our top seven picks.

The automotive world is at war with Chinese brands like BYD, levelling profit-sinking tariffs designed to protect existing industries. But Australia is set to benefit.

The cost of electric cars is coming down at last and it’s happening fast, too, with big brands slashing prices.

Booming car maker MG has raised the prices of its MG4 electric hatchback.The Chinese maker started a tsunami of price cuts when it slashed the price of 2023 MG4 models in March.Those price cuts brought the price down to $39,990 drive-away for the entry-level MG4 51kWh Excite, which was a reduction of thousands.Now MG has lifted the price by $1000 for newer 2024-plated MG4s. The price remains lower than the pre-March drive-away figure and still undercuts the circa-$41,490 drive-away BYD Dolphin.The range-topping Xpower performance variant is the only exception with its price remaining at $59,990 drive-away.An MG spokesperson put the price rise on 2024 models down to increased cost of doing business.“Like other markets and industries, our costs are going up as are the costs to do business so it is only natural that the prices will have to follow that trend, however, we have made a conscious decision to absorb those costs for some models when and where possible.”Buyers can still get their hands on 2023 MG4s according to the brand with plenty of stock across most variants.A price war has been unfolding in the electric car market in the past few months with some makers offering massive discounts on their electric cars.BYD has knocked up to $8000 off 2023 Atto 3 demonstrators and Peugeot slashed $25,000 off the price of its e-2008 small electric SUV. Peugeot has since sold out of the e-2008 and it won't be on sale until an updated model has arrived.Nissan has lopped $16,000 off the price of its slow-selling Leaf electric hatchback.GWM cut thousands off the price of the Ora hatch to $35,990 drive-away, whic. makes it Australia’s cheapest EV.Renault has gotten in on the act too, slicing $10,000 off its Megane E-Tech small electric SUV, which only launched a few months ago.Tesla cut the price of the Model Y and 3 repeatedly in April.The Model Y is between $4500 and $8500 cheaper than it was in March and the Model 3 is between $3000 and $4000 more affordable.High-end makers aren't immune either. Lotus shaved $50,000 off the price of its Eletre luxury SUV before the first vehicles arrives in a few months.