MG4 HS Plus EV Becomes Australia's Cheapest EV with Massive Price Cut

MG Motor Australia has dramatically reduced prices for its MG4 Electric range, making it the most affordable electric vehicle in Australia. The price cuts are significant, with reductions of up to $10,425 depending on the state or territory. Key points of the price drop:

1. The entry-level MG4 Excite 51 now starts at an incredibly low $30,990 drive-away nationwide, a substantial reduction from its previous price.
2. This pricing makes the MG4 Excite 51 the cheapest electric vehicle available in Australia, undercutting the next most affordable EV by $4,000.
3. The reduced prices are being offered from September 20 to October 31, 2023.
4. MG is also offering factory bonuses of $8,000 on all other model year 2023 (MY23) MG4 variants, and $5,000 on MY24 models.

Price reductions for the base MG4 Excite 51 by state and territory:

• NSW: $10,006
• VIC: $10,120
• QLD: $9,170
• SA: $10,155
• WA: $10,425
• TAS: $10,053
• ACT: $9,404
• NT: $8,262

Factory bonus deals available across other MG4 models:

• MG4 Excite 64: $41,990 before on-roads
• MG4 Essence 64: $44,990 before on-roads
• MG4 Long Range 77: $50,990 before on-roads
• MG4 XPower: $55,990 before on-roads

All these models are eligible for the $8,000 (MY23) or $5,000 (MY24) factory bonuses. This aggressive pricing strategy positions the MG4 Electric well below its competitors in the EV market, potentially accelerating the adoption of electric vehicles in Australia. The MG4 has briefly held the title of Australia's cheapest EV before, and this new pricing cements its position at the top of the affordability chart.