MG 4, ZS EV electric car prices rise in Australia by up to $3700 drive-away

AutoExec Summary

Prices of the MG 4 Excite 51 and MG ZS EV models in Australia have risen by up to $3700 drive-away due to increased raw material costs, shipping expenses, and currency fluctuations. This increase follows six months after the MG 4’s debut, during which it briefly became the cheapest electric car before being overtaken. The MG ZS EV, which had two price cuts in the past four months, now sees prices increased by $1000 to $2000 before on-road costs. The price hike impacts buyers in New South Wales the most, due to the removal of the state’s stamp-duty exemption for new electric vehicles under $68,750. Other MG 4 models remain unchanged in price.

Brands mentioned: MG