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MG working on an even cheaper electric car – report

27 February 2024, 11:05 am

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MG working on an even cheaper electric car – report
Image: CarExpert
MG working on an even cheaper electric car – report
Image: CarExpert

AutoExec Summary
MG is considering launching a small electric vehicle (EV) called the MG 2 in the UK by 2025, with a target price of $39,000. The company sees potential in the affordable EV market and believes there is an opportunity for success. The potential MG 2 would compete with rivals from BYD, Dacia, and Vauxhall, and could use a smaller version of the MG 4 EV’s Modular Scalable platform. The model is not confirmed for Australia but could have international potential.

Brands mentioned: MG, BYD, Dacia, Vauxhall, SAIC

 

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