MG Motor Australia has significantly reduced the price of its HS Plus EV plug-in hybrid SUV. The HS Plus EV Excite now starts at $48,990 drive-away, a reduction of $700. The HS Plus EV Essence is now priced at $51,990 drive-away, a reduction of $1700.This price cut comes ahead of the expected arrival of a new-generation MG HS in Australia later this year.

The current HS Plus EV combines a 1.5-liter turbocharged petrol engine with an electric motor, producing a combined 189kW and 370Nm. It offers an electric-only driving range of up to 63km (WLTP). The price reduction makes the HS Plus EV more competitive against rivals like the Mitsubishi Outlander PHEV.

MG HS plug-in hybrid price slashed in Australia ahead of new model

 Here's a comparison of the new MG HS to its competitors:

  • Pricing and Value:The MG HS is positioned as a value-oriented option in the mid-size SUV segment. With recent price cuts, it's now even more competitively priced, especially the plug-in hybrid (PHEV) version. The HS PHEV is now one of the most affordable plug-in hybrid SUVs in Australia, making electrified technology more accessible.
  • Powertrain Options: The HS offers both conventional petrol and PHEV powertrains. The PHEV version combines a 1.5L turbo gasoline engine with an electric motor, producing a total of 258 horsepower. It offers an electric-only range of up to 32 miles, which is competitive in its class.The MG has less power than its Japanese rivals, particularly the RAV4 PHEV.
  • Performance: The HS PHEV offers strong performance, with a 0-62mph time of 6.8 seconds, which is quick for its class.
  • Fuel Efficiency: The PHEV version is particularly efficient, with a claimed fuel consumption of 1.7 L/100km. However, real-world efficiency will depend heavily on charging habits and driving patterns.
  • Features and Technology: All models offer modern features like touchscreen infotainment, smartphone integration, and advanced safety systems. The MG includes a 12.3" virtual cockpit and panoramic sunroof, which are premium features.
  • Interior and Comfort: The HS offers a spacious interior for five passengers. It has a premium-looking interior, though some materials may not match the quality of more expensive competitors.
  • Cargo Space: With approximately 451 liters of cargo space with the rear seats up, it's competitive but not class-leading.
  • Design: The HS features attractive styling that draws comparisons to more premium brands, though some design elements may look less refined up close.
  • Brand Perception: While MG is still building its reputation in markets like Australia, it's quickly gaining market share and recognition for offering good value.
  • Warranty: MG typically offers a strong warranty package, which can be a significant advantage over some competitors.
MG HS plug-in hybrid price slashed in Australia ahead of new model

Compared to established competitors like the Toyota RAV4, Mazda CX-5, or Mitsubishi Outlander, the MG HS stands out primarily for its value proposition and the accessibility of its PHEV technology. It may not lead in areas like driving dynamics or perceived quality, but it offers a compelling package of features, technology, and efficiency at a lower price point than many rivals.

MG has stated that the price cuts are a result of working with suppliers and partners to reduce costs.The company aims to make electric and electrified vehicles more accessible to Australian consumers. This price adjustment follows similar reductions for MG's ZS EV electric SUV earlier in the year.