This is how the MG 4 is revolutionizing the electric car market with its prices

This is how the MG 4 is revolutionizing the electric car market with its prices

For its connected compact, MG breaks the prices. The MG4 is therefore much cheaper than its direct rivals… and than electric city cars.

For the MG4 Electric, MG promised this summer a base price below €30,000. We had a very psychological €29,900 in mind. In the end, it is even less and therefore even more aggressive than we imagined: €28,990 (all prices here are without bonuses).

This striking price corresponds to the “Standard” version, with a 170 hp block and a 51 kWh (gross capacity) LFP battery. This configuration announces a range of 350 km. For a better autonomy of 450 km, it is necessary to opt for the Comfort version, equipped with a 64 kWh NMC battery and a 204 hp engine. The price rises there to €32,990.

Look no further, no 100% electric compact does it better. The new star of the genre, the electric Mégane, starts at €35,200! At this price we have a 130 hp engine and a 40 kWh battery (useful capacity) that gives a range of 300 km. The 220 hp version with a 60 kWh battery, which offers a range of 450 km, starts at €40,200!

A basic MG4, but not cheap

It is true that the Mégane pays more attention to its external appearance, with 18-inch wheels from the base, when the less expensive MG4 has 16-inch wheels with hubcaps. But otherwise, the Chinese is very well endowed since his access finish. There’s a 10.25-inch touchscreen, adaptive cruise control, lane-keep assist, automatic air conditioning (it’s manual on the Mégane) and hands-free access as standard.

To be highlighted: the most expensive of the MG4 is still more affordable than the least expensive of the Mégane, since the Luxury version (435 km of autonomy) stands at €34,990. In addition to the big battery, there’s standard 360° vision, heated front seats and steering wheel, heat pump, navigation or voice commands. The Renault once again has a neat finish and a more techno presentation (10-inch instrumentation), but with similar equipment, the price difference is still significant.

read also
MG 4 electric: range, equipment, prices

On the Volkswagen side, we are even further away from the prices of the MG4. Currently, the ID.3 Pro Performance, with a 170 hp engine and a 58 kWh battery (usable), for a range of 424 km, is at €44,990! The equipment remains generous. On the other hand, the interior presentation does not make a great impression.

If we look at more general brands, we have the Citroën ë-C4. With him, they are 136 CV, 50 kWh of battery (gross) and autonomy of 357 km. But the price already starts at €36,250 in the basic Live finish, with the correct equipment (automatic air conditioning, electric mirrors, rear parking assistant, Security Pack). The ‘old’ Nissan Leaf is priced quite high with its 40kWh (gross) battery giving a range of just 270km. In Acenta it costs €35,150. However, it has the advantage of negotiating well with the seller.

The e-208 is still €4,000 more expensive

Not content with being much cheaper than other compacts, the MG4 is also compared to city cars. If we return to Renault, we find a Zoé equillibe of 110 CV with 395 km of autonomy at… €33,700. For €710 less, we thus have an MG4 Comfort, more welcoming for a small family, better equipped and also offering 55 km of autonomy. Even if it’s just dropped in price with its Like finish, the Peugeot e-208 still has a starting price of €33,000.

So we realize how much the MG4 can hurt the electric car market. Especially since it has another advantage up its sleeve: great possibilities for DC fast charging, with 117 kW in the basic version and 135 kW in the others!

To find cheaper, you have to go down a notch. And there we have small city cars that are not very spacious and have a more limited autonomy. At Volkswagen we find the e-Up at €25,400, for 260 km. The Renault Twingo now starts at €24,100, with 190km of range. For €5,000 more, we have the MG4… Some will point out that it is made in China. As is the Dacia Spring, which does not prevent its success!

read also
Presentation – MG 4: the electric compact that will do a lot of damage to the competition!

#revolutionizing #electric #car #market #prices

Leave a Reply

Your email address will not be published. Required fields are marked *