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Prices increasing for one of Australia’s most affordable EVs

 
Lukas Foyle
Contributor

Popular electric hatch’s prices set to rise by up to $3000


MG will increase the national drive-away (DA) pricing of its popular MG4 electric hatchback from 1st July 2025. 

Prices will increase between $1000 and $3000 depending on variant, with only the range-topping MG4 XPower remaining unchanged at $55,990

2024 MG4 XPower static shot front angle
Pictured: 2024 MG4 XPower

The table below outlines the current and soon to be introduced pricing changes for the MG4, which will start at $37,990 drive away for the base model MG4 Excite 51.

Variant Drive-away price until June 30 2025 Drive-away price from 1st July 2025 Price increase
Excite 51 $36,990 $37,990 $1000
Excite 64 $40,990 $42,990 $2000
Essence 64 $42,990 $45,990 $3000
Essence 77 $49,990 $50,990 $1000
XPower $55,990 $55,990 unchanged

The MG4 measures 4287mm in length, 1836mm in width, 1504mm in height, and drives on a wheelbase of 2705mm

Despite the scheduled price increase, the MG4 Excite 51 continues to be Australia’s third-most affordable EV, pipped only by its BYD Dolphin and GWM Ora rivals. 

The Dolphin starts from $32,134 DA and the Ora kicks off from $33,990 DA. 

Officially launching in Oz during August 2023, the MG4 has proved favourable with Aussies, particularly in the small-car under $40,000 segment. 2024 saw 6934 overall unit sales of the MG4 – more than double the 3134 figure produced in the final months of 2023. 

2023 MG4 Excite 51 rear 3/4 driving shot

With the exception of the Lithium Iron Phosphate (LFP) 51kWh battery found in the base model Excite, all models of MG4 feature some variant of Lithium Nickel Manganese Cobalt (NMC) battery, detailed in the table below.

Variant Battery size (nominal) / type Drive type / total output Range (WLTP) Peak DC / 10-80 rapid charge time
Excite 51 51kWh / LFP Single motor, rear drive / 125kW, 250Nm 350km 87kW / 33 minutes
Excite 64 64kWh / NMC Single motor, rear drive / 150kW, 250Nm 450km 142kW / 24 minutes
Essence 64 64kWh / NMC Single motor, rear drive / 150kW, 250Nm 450km 142kW / 24 minutes
Essence 77 77kWh / NMC Single motor, rear drive / 180kW, 350Nm 520km 144kW / 30 minutes
XPower 64kWh / NMC Dual motor, all-wheel drive / 320kW, 600Nm 385km 142kW / 24 minutes

A full review of the base MG4 can be viewed here.