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Chinese electric car importers race to the bottom with large discounts.

David Berthon

For the seventh time this year MG Motor Australia has slashed the price of its electric MG4 hatchback with incredible savings on its five-model range during the month of December – the entry MG4 Excite 51 now $32,990 drive-away, a saving of up to $8,457, the higher grade Excite 64 from $34,990 drive-away, some $10,910 cheaper than before. And similar savings are available on the Essence 64 and 77 grades as well as the topflight XPower all-wheel drive. The Chinese importer suggesting the December only deals proving it is continuing to lead the way forward for buyers wishing to make the switch to EV motoring – however this race to the bottom in EV pricing gives little thought to those who bought the MG4 at much higher prices earlier this year whose resale values have now been blown out of the water. I’m David Berthon.

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David Berthon
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