MG has become the latest big brand to slash the asking price of its electric vehicle offerings in Australia, as the price war among car makers continues.
MG had one of its biggest months for EV sales during June, delivering 387 new ZS EVs to customers across Australia, including some of the new long range versions of its popular electric SUV.
But it is now offering up to $5,000 off the drive-away price of the ZS EV Long Range. It’s what MG calls the “MG Rebate”.
The price rise may have been forced on it by the actions of market leader Tesla, which recently slashed the cost of its Model 3 and Model Y EVs by $3,000. The long range variant of the MG ZS EV is priced in the same range.
The drive-away pricing of the Long Range Variant across Australia before this offer and any state or territory subsidies stands at:
- ACT – $57,287
- NSW – $57,709
- NT – $57,469
- QLD – $58,537
- SA – $59,391
- TAS – $57,284
- VIC – $59,841
- WA – $61,367
This offer is also valid for vehicles sold and delivered during July and ends on July 31. This means that the eligible vehicles are likely to be in the country or not far from reaching our shores for them to be delivered in the next 3 weeks.
The MG ZS EV Long Range was unveiled at the Fully Charged Live show in Sydney in March this year.
This variant received a bump up of 120 km in WLTP range thanks to the bigger battery pack. It comes with a 72.6 kWh battery pack that can offer up to 440 km of WLTP range, compared to the 320 km offered on the existing Excite and Essence variants.
With the addition of the new Long Range variant, the line-up of the MG ZS EV in Australia includes:
- Excite (50.3 kWh)
- Essence (50.3 kWh)
- Long Range (72.6 kWh) – $5,000 off driveaway price
In May, a large single shipment of 3,100 MG cars came to Australia, including the long range electric version. The price cuts may have something to do with surplus stock. But it’s good to see savings on EVs being passed onto those looking at making the switch.
Riz is the founder of carloop based in Melbourne, specialising in Australian EV data, insight reports and trends. He is a mechanical engineer who spent the first 7 years of his career building transport infrastructure before starting carloop. He has a passion for cars, particularly EVs and wants to help reduce transport emissions in Australia. He currently drives a red Tesla Model 3.