How much the MG4 is shaking up the electric car market with its pricing

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

For the MG4 Electric, MG this summer promised a base price of under €30,000. We had a very psychological €29,900 in mind. In the end, it’s even less and therefore even more aggressive than we imagined: €28,990 (all prices here do not include bonuses).

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

Look no further, no 100% electric compact does it better. The new star of the genre, the electric Megane, starts at €35,200! At this price, we have a 130 hp engine and a 40 kWh battery (usable 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 but not cheap MG4

Admittedly, the Megane pays more attention to its external appearance, with 18-inch rims from the base, when the cheaper MG4 has 16-inch wheels with hubcaps. But for the rest, the Chinese is very well endowed since the end of the access. 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.

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

Read too
MG 4 electric: range, equipment, prices

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

If we look at more general brands, we have the Citroën ë-C4. With it, there are 136 hp, a battery of 50 kWh (gross) and a range of 357 km. But the price starts at €36,250 in the basic Live finish, with the right equipment (automatic air conditioning, electric mirrors, rear parking assistance, security package). The ‘old’ Nissan Leaf is priced quite high with its 40kWh (gross) battery, offering a range of just 270km. At Acenta, it costs €35,150. However, it has the advantage of being well negotiated 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 go back to Renault, we find a Zoe balance 110 hp with 395 km of autonomy at… 33,700 €. For less than €710, we have an MG4 Comfort, more welcoming for a small family, better equipped and with an extra 55 km of autonomy. Even though it has just hit the market with the Like finish, the Peugeot e-208 still starts at €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 DC fast charging possibilities, with 117 kW in the basic version and 135 kW in the others!

To find it cheaper, you have to go down a notch. And then we have small city cars that are not very spacious and have a more limited range. At Volkswagen, we find the e-Up at €25,400, for 260 km. The Renault Twingo now starts at €24,100, with a range of 190km. For €5,000 more, we have the MG4… Some say it’s made in China. Just like Dacia Spring, which doesn’t stop your success!

Read too
Presentation – MG 4: the electric compact that will hurt the competition a lot!

Leave a Comment