MG has made waves in the Australian electric car market by cutting the price of its popular MG ZS EV to just $34,990 for MY23 vehicles, making it the most affordable electric car on the market at the moment.
This pricing is expected to last until the end of August, and while it does, it will undercut the price of the GWM Ora, which starts at $35,990.
Alongside the MG ZS EV, the company has also cut prices on its trendy MG4 electric hatchback range, resulting in savings of up to $4,000 on the X-Power model.
Other models have also seen price cuts, making the already flagship electric hatchback even more attractive to buyers.
From August 1, the new prices excluding on-road costs for the two MG MY24 models in the electric vehicle lineup are as follows.
Manufacturer’s suggested retail price July Manufacturer’s suggested retail price August MG4 – Excite 51 $39,990 $37,990 MG4 – Excite 64 $44,990 $41,990 MG4 – Essence 64 $46,990 $44,990 MG4 – Essence 77 $52,990 $50,990 MG4 – X-Power AWD $59,990 $55,990 ZS EV – Excite $39,990 $39,990 ZS EV – Essence $42,990 $41,990 ZS EV – Long Range $47,990 $46,990
“MG has been leading the charge with accessible electric vehicles since the launch of the award-winning ZS EV and MG4 locally, and with nationwide discounted prices on some of our ranges across Australia, we maintain our leadership position in this area,” said Peter Chow, CEO of MG Australia, in a statement.
“MG is putting its customers first by ensuring that all road users have access to a wide range of affordable, zero-emission vehicles thanks to the special national pricing campaign.”
Furthermore, MG has set a new benchmark in Australia by offering a 10-year or 250,000km warranty across its entire range, an increase from the 7-year warranty the company previously offered on its vehicles.
Giles Belcher, Chief Commercial Officer at MG Australia, said the 10-year warranty across the electric, hybrid and petrol range is the best and strongest on the market.
“When it’s time for our customers to upgrade their cars, we want them to come to us first. We have a great range of great products on the market and more on the way, so we want people to try our products as soon as possible.”
Key warranty details are in the table below with full details available on the MG Australia website.
In 2021, MG was the first brand in Australia to offer a new electric car priced under $50,000. Now, three years later, the same car is available for as low as $34,990, setting a new record for an affordable electric SUV on the market.
With warranty and additional cover from August 2024, the MG ZS EV is Australia’s best value electric car, and its affordability will help many people get into electric for the first time.
Visit The Driven’s EV models page for more information on available offers in Australia, as well as our monthly sales data report.
MG Australia Warranty Details and Coverage
Type of car
(All model years registered on or after August 1, 2024)
Warranty Non-Commercial Use Commercial Use1 Manufacturing defects during normal use Internal Combustion Engine (ICE) vehicles
10 years / 250,000 km
(Which comes first)
7 years / 160,000 km
(Which comes first)
Electric vehicles and hybrid vehicles, including electric vehicle batteries
10 years / 250,000 km
(Which comes first)
7 years / 160,000 km
(Which comes first)
Anti-Puncture & Paint2 for all vehicles
7 years / unlimited kilometers
Reese is the founder of Melbourne-based carloop, which specializes in Australian electric vehicle data, reports and trends. He is a mechanical engineer who spent the first seven years of his career building transport infrastructure before founding carloop. He is passionate about cars, especially electric vehicles, and wants to help reduce transport emissions in Australia. He currently drives a red Tesla Model 3.
