MG takes lowest-price EV crown

MG Motor has realigned the pricing of their electric and hybrid vehicle range, reclaiming the title of having the cheapest new electric car in the market.

Effective from August 1, 2024, MG’s new pricing strategy offers substantial savings for customers. The MG ZS EV Excite, previously priced at $50,990, now starts at just $40,990.

The MG4 and MGHS plug-in hybrid also see cuts.

Key Price Reductions:

• MG ZS EV Excite: Reduced from $50,990 to $40,990
• MG ZS EV Essence: Reduced from $53,990 to $45,990
• MG ZS EV Long Range: Reduced from $59,990 to $55,990
• MG HS PHEV Excite: Reduced from $50,990 to $44,990
• MG HS PHEV Essence: Reduced from $55,990 to $49,990
• MG 4 – Excite 51: Reduced from $46,990 to $42,990
• MG 4 – Excite 64: Reduced from $51,990 to $49,990
• MG 4 – Essence 64: Reduced from $54,990 to $52,990
• MG 4 – X-Power AWD: Reduced from $69,990 to $64,990
• MG 4 – Essence 77: Reduced from $63,990 to $59,990

MG Motor New Zealand’s Chief Operating Officer, Harrie Yan, emphasizes the brand’s dedication to delivering value and peace of mind.

“Our reduced pricing on EV and PHEV models makes it easier for New Zealanders to switch to environmentally friendly driving. With the MG ZS EV now being the most affordable EV in the market, we are making significant strides toward a sustainable future,” Yan stated.

Peter Ciao, Chief Executive Officer of MG Motor Australia and New Zealand, highlighted the importance of affordability in driving the adoption of electric vehicles. “MG is leading the way in making electric vehicles attainable for all. With our competitive new pricing, we ensure that more Kiwis can enjoy the benefits of zero-emission driving without breaking the bank.”

In conjunction with these price cuts, MG is introducing New Zealand’s most comprehensive new car warranty. Every new MG vehicle purchased from an authorized dealer will now come with a 10-year/250,000km warranty – including on the battery. Commercial users get a 7-year/160,000km cover.