MG EV price cuts. I wonder if the likes of GWM and BYD will respond. It makes it hard for the likes of Hyundai. And it's actually a bit of a shame to see the Japanese are hardly even in the race.
https://thedriven.io/2024/03/22/electric-price-war-mg-announces-massive-price-cuts-across-ev-range-up-to-9000/
MG Australia has announced a dramatic cut in the drive-away prices across its entire electric vehicle range in Australia, with its most affordable models, the MG4 Excite and MG ZS EV Excite, now starting at a drive-away price of $39,990.
The latest price cuts announced late Thursday also includes the dual-motor hot-hatch MG4 X-Power variant, which comes in at $59,990 driveway.
The largest savings are seen in the MG ZS EV Long Range, coming in at nearly $9,000 off the driveaway price. On the MG4, the Long Range variant also sees more than $6,000 cut from its drive-away price.
Good News & Bad News, page-40887
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