How much the MG4 shakes up the electric car market with its prices

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

For the MG4 Electric this summer, MG promised a base price below €30,000. We had a very psychological €29,900 in mind. In the end, it’s even smaller, and therefore even more aggressive, than we imagined: €28,990 (all prices here are exclusive of bonuses).

This eye-catching price corresponds to the “Standard” version with a 170 hp block and a 51 kWh LFP (gross capacity) battery. This configuration advertises a range of 350 km. For a better autonomy, 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 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 (usable capacity) which gives a range of 300 km. The 220 hp version with 60 kWh battery, which offers a range of 450 km, starts at €40,200!

A basic MG4, but not cheap

The Mégane is admittedly more conscious of its exterior appearance with 18-inch rims from the base, when the cheapest MG4 has 16-inch wheels with hubcaps. But for the rest, the Chinese is very well equipped from his access finish. There’s a 10.25-inch touchscreen, adaptive cruise control, lane assist, automatic climate control (it’s manual on the Mégane) and hands-free access as standard.

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

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MG 4 electric: range, equipment, prices

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

Looking at more general brands, we have the Citroën ë-C4. With it, it has 136 hp, 50 kWh battery (gross) and a range of 357 km. But the price already starts at €36,250 in the basic Live finish, with the correct equipment (automatic climate control, electric mirrors, rear parking assist, safety package). The ‘old’ Nissan Leaf comes at a rather high price with its 40kWh (gross) battery giving a range of just 270km. In the Acenta it costs €35,150. However, it has the advantage that it is well negotiated with the seller.

e-208 still €4,000 more expensive

Not content with being much cheaper than other compact cars, the MG4 also compares to city cars. If we go back to Renault, we find a Zoé equillibe 110 hp with 395 km of autonomy for… €33,700. For €710 less, we therefore have an MG4 Comfort, more inviting for a small family, better equipped and also offering 55 km of autonomy. Although it has just dropped on the market with its Like finish, the Peugeot e-208 still starts at €33,000.

We are therefore aware of how much the MG4 can damage the electric car market. Especially because it has another advantage up its sleeve: Great possibilities for fast DC charging with 117 kW on the basic version and 135 kW on 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 more limited autonomy. At Volkswagen we find the e-Up for €25,400, for 260 km. The Renault Twingo now starts at €24,100 with a range of 190 km. For €5,000 more we therefore have the MG4… Some will point out that it is made in China. Like the Dacia Spring, which does not prevent its success!

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

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