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New EV Pricing Shocks Australian Buyers! Don’t Miss These Surprising Changes

January 6, 2025

Major Price Hikes for the 2025 MG4 Electric Model

In a significant move as the New Year unfolds, the 2025 MG4 Excite 51 sees its drive-away pricing rise to $34,990, marking an increase of $2000 for consumers across Australia. Meanwhile, the MG4 Excite 64 variant has been stripped of its drive-away pricing and now stands at a staggering $41,990, exclusive of on-road costs, reflecting a steep hike of $10,000.

Additionally, the once attractive $8000 factory bonuses for the higher-end Essence 64, Long Range 77, and the performance-oriented XPower models have been eradicated, removing some previous incentives for potential buyers.

This shake-up leaves the GWMOra hatch as Australia’s most affordable new electric vehicle at $33,990 for the Standard Range variant and $34,990 for its Extended Range counterpart. Just months ago, during a limited promotional period from late September to the end of October, the MG4 Excite 51 was available for as little as $30,990.

Here’s how the current MG4 pricing stacks up in Australia:

MG4 Excite 51 – $34,990 drive away
MG4 Excite 64 – $41,990 before on-road costs
MG4 Essence 64 – $44,990 before on-road costs
MG4 Long Range 77 – $50,990 before on-road costs
MG4 XPower – $55,990 before on-road costs

Stay informed about the evolving electric vehicle market for the best deals available.

2025 MG4 Electric Model Pricing Adjustments: Key Insights and Features

As the electric vehicle landscape continues its rapid evolution, the 2025 MG4 series has undergone substantial pricing changes that warrant attention from consumers and enthusiasts alike. Here’s a comprehensive overview of the latest updates, including their implications and market context.

Current Pricing Overview
The recent price adjustments for the 2025 MG4 models in Australia are significant. Here’s a detailed breakdown of the models and their respective prices:

MG4 Excite 51 – $34,990 drive away
MG4 Excite 64 – $41,990 (excluding on-road costs)
MG4 Essence 64 – $44,990 (excluding on-road costs)
MG4 Long Range 77 – $50,990 (excluding on-road costs)
MG4 XPower – $55,990 (excluding on-road costs)

Features of the MG4 Series
The MG4 series is designed for efficiency and performance, featuring:

Electric Powertrain: Each model in the lineup boasts an electric powertrain, promising a zero-emissions driving experience.
Advanced Technology: The vehicles come equipped with advanced infotainment systems, including smartphone connectivity and driver assistance features.
Multiple Variants: Consumers can choose from various battery capacities and performance specifications tailored to their driving needs.

Comparison with Competitors
One notable competitor that now stands out in the Australian market is the GWMOra hatch, which has emerged as the most affordable new electric vehicle at $33,990 for its Standard Range variant. The MG4’s pricing adjustments mean that it may no longer hold the same appeal for budget-conscious consumers.

Pros and Cons of the New Pricing Structure

# Pros:
Enhanced Value: Despite price increases, the MG4 series offers cutting-edge electric vehicle technology and comfort features that appeal to eco-conscious consumers.
Competitive Range Options: With multiple models tailored for different needs, consumers can select the best fit for their lifestyle.

# Cons:
Significant Price Hikes: The increase in pricing, especially for the MG4 Excite 64, could deter some potential buyers who were attracted to the previously lower prices.
Loss of Incentives: The elimination of factory bonuses previously available for higher-end models adds to the cost burden for buyers.

Market Trends and Predictions
As the electric vehicle market matures, pricing strategies among manufacturers will likely continue to fluctuate. Industry trends indicate a move towards more competitive pricing, especially as more brands enter the electric market segment. Buyers should keep an eye on upcoming models and potential promotions.

Innovations in Electric Vehicles
The shift towards electric vehicles like the MG4 signifies a trend towards sustainability. Innovations in battery technology, software integration, and charging infrastructure are critical areas expected to see growth in the coming years.

Security and Sustainability Aspects
As with any electric vehicle, the MG4 series includes features that enhance security. Advanced driver assistance systems (ADAS) help prevent accidents, while the vehicles’ electric nature contributes to reduced emissions, aligning with global sustainability goals.

For more information about the evolving electric vehicle market and the latest models, please visit MG Motor Australia.

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Hannah Foxx

Hannah Foxx is a distinguished technology and fintech author with a passion for exploring the intersection of innovation and finance. She holds a Master’s degree in Digital Economics from the prestigious Eaze Institute, where she focused on the implications of emerging technologies on financial practices. With over a decade of experience in the tech industry, Hannah has worked at Wavemind Solutions, where she contributed to groundbreaking projects that reshaped how digital payments are processed. Her insightful articles and thought leadership pieces have appeared in several leading publications, making her a trusted voice in the rapidly evolving fintech landscape. When she’s not writing, Hannah enjoys mentoring aspiring authors and attending industry conferences to share her expertise.

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