MG Electric Car Price Australia 2024 Latest Models Compared

MG electric car prices in Australia for 2024 start under $45,000, making them some of the most affordable EVs on the market, with the MG4 and ZS EV leading the pack. With updated battery tech, increased range, and government incentives, MG delivers exceptional value across its latest electric lineup—ideal for budget-savvy buyers seeking performance and sustainability.

Key Takeaways

• Compare prices: MG ZS EV starts at $43,990, offering value in Australia’s EV market.
• Check rebates: State-based incentives can reduce MG electric car costs by up to $3,000.
• Range matters: New MG4 delivers 450km range, ideal for long commutes and road trips.
• Trim wisely: Higher trims add tech but increase price—prioritize features you’ll actually use.
• Warranty advantage: MG offers 7-year warranty, unmatched by most competitors in its price range.

The Future of Affordable EVs Has Arrived: MG Electric Car Price Australia 2024

The Australian electric vehicle (EV) market is accelerating faster than ever, and one brand is making serious waves with its combination of affordability, innovation, and style: MG. As the cost of living remains a top concern for many Australians, MG has positioned itself as a game-changer in the EV space by offering high-value electric cars at prices that challenge the perception that electric mobility is only for the wealthy. In 2024, MG continues to dominate headlines with competitive MG electric car price Australia offerings across its growing lineup, making sustainable driving more accessible than ever before.

From the compact and city-friendly MG ZS EV to the family-oriented MG 4 and the upcoming MG Cyberster, the brand is proving that you don’t need to sacrifice performance, range, or tech to stay within budget. With government incentives, reduced running costs, and increasing charging infrastructure, now is the perfect time to explore what MG’s electric vehicles bring to the table. In this comprehensive guide, we’ll dive deep into the latest MG electric car models available in Australia, compare their prices, features, and value propositions, and help you determine which one fits your lifestyle and budget. Whether you’re a first-time EV buyer or looking to upgrade, understanding the MG electric car price Australia 2024 landscape will empower you to make a smart, informed decision.

Why MG Is Leading the Affordable EV Charge in Australia

MG, short for Morris Garages, has a storied history that dates back to the UK in the 1920s, but today’s MG is a Chinese-owned brand under SAIC Motor, bringing modern engineering, global R&D, and aggressive pricing to the Australian market. What sets MG apart in the EV race is its strategic focus on value-driven innovation—delivering high-end features at mid-tier prices. While competitors like Tesla and Hyundai have strong brand recognition, MG undercuts them on price without compromising on core EV essentials like range, safety, and tech.

Affordability Without Compromise

One of MG’s biggest selling points is its ability to offer vehicles with over 400 km of real-world range for under $60,000—something few brands can match. For example, the entry-level MG ZS EV starts at just $45,990 driveaway in most states, making it one of the most affordable long-range EVs available. This aggressive pricing strategy is supported by SAIC’s economies of scale, efficient manufacturing, and a streamlined import model that reduces overheads.

But it’s not just about the sticker price. MG also includes features that are often optional or unavailable on similarly priced EVs:

• Standard 10.1-inch touchscreen infotainment with Apple CarPlay and Android Auto
• Full suite of ADAS (Advanced Driver Assistance Systems) including adaptive cruise control and lane-keep assist
• Fast-charging capability (up to 150 kW DC charging on newer models)
• Five-year unlimited kilometre warranty with roadside assistance

For budget-conscious buyers, these inclusions mean fewer hidden costs and a lower total cost of ownership over time.

Government Incentives and Running Costs

Australia’s federal and state governments are pushing hard to increase EV adoption. In 2024, several states offer incentives that can significantly reduce the effective MG electric car price Australia:

• Victoria: Up to $3,000 rebate for new EVs under $68,740
• New South Wales: Stamp duty exemption and $3,000 rebate (phased out for higher prices)
• Queensland: $6,000 subsidy for low-income households
• Australian Capital Territory: $15,000 interest-free loan and registration fee waivers

Additionally, EVs like the MG ZS EV and MG 4 have lower maintenance and fuel costs. Charging at home can cost as little as $0.10–$0.20 per kWh (depending on your electricity plan), meaning a full charge could cost just $8–$15 for over 400 km of range. Compare that to a petrol car averaging 8L/100km at $2.20/L, and the savings are substantial over time.

Growing Charging Infrastructure

One of the biggest concerns for potential EV buyers is charging. However, Australia’s charging network is expanding rapidly. With over 2,500 public charging points nationwide (and growing), and partnerships between MG and charging providers like Chargefox and Evie Networks, drivers can confidently plan longer trips. MG’s newer models support 150 kW DC fast charging, allowing a 10–80% charge in as little as 35 minutes—ideal for road trips or quick top-ups during errands.

2024 MG Electric Car Lineup: Models, Prices, and Key Features

In 2024, MG offers a trio of electric vehicles in Australia, each targeting a different segment of the market. From urban commuters to growing families and performance enthusiasts, there’s an MG EV for nearly every need. Let’s break down each model, compare their MG electric car price Australia, and highlight what makes them stand out.

MG ZS EV: The Best-Selling Affordable SUV

The MG ZS EV is MG’s flagship electric SUV and the best-selling electric car in Australia in 2023. It combines practicality, range, and affordability in a compact SUV package.

• Starting Price: $45,990 driveaway (Excite trim)
• Battery & Range: 50.3 kWh battery, 320 km WLTP range (real-world ~280–300 km)
• Motor Power: 105 kW / 280 Nm
• Charging: 7.4 kW AC, 50 kW DC (10–80% in ~60 mins)
• Key Features: 10.1″ touchscreen, 6-speaker audio, rear camera, 6 airbags, MG Pilot safety suite

The ZS EV is ideal for city drivers, small families, or those transitioning from a petrol SUV. It’s roomy, easy to drive, and offers excellent value. The higher-spec MG ZS EV Essence (from $49,990) adds a panoramic sunroof, 360-degree camera, and upgraded interior materials.

MG 4: The Game-Changing Electric Hatchback

The MG 4 is a revelation in the EV hatchback segment. Launched in late 2023, it’s built on MG’s new Modular Scalable Platform (MSP), offering better efficiency, performance, and interior space than many rivals.

• Starting Price: $44,990 driveaway (Excite 51)
• Battery & Range: 51 kWh battery, 350 km WLTP (real-world ~320 km)
• Motor Power: 125 kW / 250 Nm (rear-wheel drive)
• Charging: 11 kW AC, 150 kW DC (10–80% in ~35 mins)
• Key Features: 10.25″ digital driver display, 12.3″ infotainment, wireless Apple CarPlay, 7 airbags, MG Pilot 2.0

The MG 4 is a direct competitor to the Tesla Model 3 Standard Range, but at a price point $10,000–$15,000 lower. It’s more spacious than the Nissan Leaf, more efficient than the BYD Atto 3, and offers better charging speeds than most in its class. The MG 4 Long Range (from $53,990) bumps the battery to 64 kWh and range to 450 km WLTP.

MG 4 XPOWER: Performance Without the Price Tag

For those who want a little extra thrill, the MG 4 XPOWER is a dual-motor, all-wheel-drive performance variant that redefines what an affordable EV can do.

• Starting Price: $60,990 driveaway

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• Battery & Range: 64 kWh battery, 385 km WLTP (real-world ~350 km)

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• Motor Power: 320 kW / 600 Nm (0–100 km/h in 3.8 seconds)

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• Charging: 11 kW AC, 150 kW DC
• Key Features: Performance-tuned suspension, launch control, sport seats, upgraded brakes, 20″ alloy wheels

The MG 4 XPOWER is Australia’s most affordable dual-motor EV with sub-4-second 0–100 km/h acceleration. It’s a true performance bargain, offering Tesla Model 3 Performance-like thrills for $20,000 less.

MG Cyberster: The Electric Roadster on the Horizon

While not yet available in Australia (expected late 2024 or early 2025), the MG Cyberster is generating massive buzz. This two-door, convertible electric sports car is MG’s boldest move yet.

• Expected Price: $90,000–$110,000

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• Battery & Range: 77 kWh battery, 500+ km WLTP

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• Motor Power: Up to 544 kW / 725 Nm (0–100 km/h in <3.2 seconds)
• Charging: 11 kW AC, 150 kW DC
• Key Features: Scissor doors, digital cockpit, AI voice assistant, premium audio, advanced aerodynamics

The Cyberster is aimed at EV enthusiasts who want a stylish, high-performance convertible without paying six figures. While not for everyone, it signals MG’s ambition to compete at the premium end of the EV market.

How MG Electric Car Prices Compare to Competitors in 2024

To truly understand the value of MG electric car price Australia 2024, it’s essential to benchmark them against key competitors. Below is a comparative analysis of MG’s offerings against similar EVs in terms of price, range, features, and overall value.

Price vs. Range: MG ZS EV vs. BYD Atto 3 vs. Nissan Leaf

Let’s compare the entry-level long-range EVs in the sub-$50,000 segment:

• MG ZS EV Excite: $45,990 | 320 km WLTP | 50.3 kWh
• BYD Atto 3 Standard Range: $48,000 | 345 km WLTP | 49.9 kWh
• Nissan Leaf e+: $54,990 | 385 km WLTP | 62 kWh

While the BYD Atto 3 offers slightly more range, the MG ZS EV is $2,000 cheaper and includes more standard safety tech. The Nissan Leaf is more expensive and has a smaller battery than its price suggests. The MG ZS EV wins on value per dollar in this segment.

Performance and Efficiency: MG 4 vs. Tesla Model 3

The MG 4 Long Range ($53,990) vs. Tesla Model 3 Standard Range ($57,900 before incentives):

• MG 4 Long Range: 450 km WLTP | 150 kW DC charging | 12.3″ screen | MG Pilot 2.0
• Tesla Model 3: 491 km WLTP | 170 kW DC charging | 15.4″ screen | Tesla Autopilot

The Tesla has a longer range and slightly faster charging, but the MG 4 is $3,910 cheaper, has a comparable infotainment system, and includes features like a digital driver display and wireless charging—often optional on Tesla. For many buyers, the MG 4 offers 90% of the Tesla experience at 85% of the price.

Performance EVs: MG 4 XPOWER vs. Tesla Model 3 Performance

A direct performance battle:

• MG 4 XPOWER: $60,990 | 3.8s 0–100 km/h | 385 km range
• Tesla Model 3 Performance: $81,900 | 3.3s 0–100 km/h | 528 km range

The Tesla is faster and has more range, but the MG 4 XPOWER delivers 90% of the performance at 75% of the price. For performance-focused buyers on a budget, the MG 4 XPOWER is a no-brainer.

Data Table: MG Electric Car Price and Spec Comparison (2024)

Model	Starting Price (Driveaway)	Battery Capacity	WLTP Range	DC Fast Charging	0–100 km/h	Key Differentiator
MG ZS EV Excite	$45,990	50.3 kWh	320 km	50 kW	8.2s	Best value SUV under $46K
MG ZS EV Essence	$49,990	50.3 kWh	320 km	50 kW	8.2s	Premium interior, sunroof, 360 camera
MG 4 Excite 51	$44,990	51 kWh	350 km	150 kW	7.7s	Best value hatchback, fast charging
MG 4 Long Range	$53,990	64 kWh	450 km	150 kW	7.7s	Long-range efficiency, rear-wheel drive
MG 4 XPOWER	$60,990	64 kWh	385 km	150 kW	3.8s	Most affordable dual-motor performance EV
MG Cyberster (Expected)	$90,000–$110,000	77 kWh	500+ km	150 kW	<3.2s	Affordable electric roadster

What You Get for Your Money: Features, Safety, and Tech

MG’s pricing strategy isn’t just about cutting corners—it’s about strategic value engineering. The brand includes features that are often optional or missing in competitors’ base models, giving buyers more bang for their buck.

Advanced Driver Assistance Systems (ADAS)

All MG EVs come standard with MG Pilot, a comprehensive ADAS suite that includes:

• Adaptive Cruise Control with Stop & Go
• Lane Keep Assist and Lane Departure Warning
• Autonomous Emergency Braking (AEB) with pedestrian and cyclist detection
• Traffic Jam Assist
• Blind Spot Detection
• Rear Cross-Traffic Alert

On the MG 4 and ZS EV Essence, MG Pilot 2.0 adds lane centering and highway assist, bringing them closer to semi-autonomous driving. This level of safety tech is rare in EVs under $50,000.

Infotainment and Connectivity

MG’s 10.1″ or 12.3″ touchscreens are responsive and intuitive. All models support:

• Wireless Apple CarPlay and Android Auto (MG 4)
• Bluetooth, USB-C, and wireless charging (higher trims)
• Over-the-air (OTA) updates for software and features
• MG iSMART app for remote climate control, charging scheduling, and vehicle status

The MG 4’s dual-screen setup (10.25″ driver display + 12.3″ center screen) rivals premium EVs, offering a futuristic cockpit experience.

Build Quality and Interior Materials

While MG’s interiors aren’t as plush as Tesla or Volvo, they’re well above average for the price. The MG 4, in particular, features soft-touch materials, ambient lighting, and a minimalist design. The ZS EV Essence includes leather-accented seats and a panoramic sunroof—features you’d expect in a $60,000+ car.

Real-World Ownership: Charging, Maintenance, and Total Cost of Ownership

Buying an EV isn’t just about the purchase price—it’s about the total cost of ownership (TCO). Let’s break down what it really costs to own an MG electric car in Australia.

Charging Costs: Home vs. Public

Charging at home is the most economical option. Assuming an electricity rate of $0.20/kWh:

• MG ZS EV (50.3 kWh): $10.06 per full charge → ~$0.03/km
• MG 4 Long Range (64 kWh): $12.80 per full charge → ~$0.03/km

Public charging varies:

• Chargefox (DC Fast): $0.60/kWh → $36 for 60 kWh (10–80%)
• Free charging stations (e.g., shopping centres, workplaces) can reduce costs further

Tip: Use apps like PlugShare or ChargeHub to find free or low-cost chargers near you.

Maintenance and Servicing

EVs have fewer moving parts than petrol cars, meaning lower maintenance costs. MG recommends servicing every 12 months or 20,000 km (whichever comes first), with typical service costs of $200–$300 per visit. No oil changes, exhaust systems, or timing belts to worry about.

Over 5 years/100,000 km, an MG EV could save $2,000–$3,000 in maintenance compared to a petrol SUV.

Resale Value and Depreciation

While EVs traditionally depreciate faster than petrol cars, MG’s growing brand recognition and strong sales are helping improve resale values. The MG ZS EV has held around 65–70% of its value after 3 years, better than the Nissan Leaf (55%) and on par with the BYD Atto 3.

Tip: Keep your MG EV well-maintained, use the manufacturer warranty, and consider a battery health report when selling to reassure buyers.

Insurance and Registration

Insurance for MG EVs is generally competitive. For example:

• MG ZS EV: $1,200–$1,500/year (comprehensive, NSW, 35-year-old driver)
• MG 4: $1,300–$1,600/year

Registration is cheaper in states with EV incentives. In NSW, EVs under $78,000 are exempt from stamp duty, saving $2,500+ on registration.

Conclusion: Is an MG Electric Car Right for You in 2024?

The MG electric car price Australia 2024 lineup delivers exceptional value across the board. Whether you’re looking for an affordable family SUV (MG ZS EV), a tech-savvy hatchback (MG 4), or a thrilling performance EV (MG 4 XPOWER), MG offers compelling options that undercut the competition without sacrificing quality or features. With starting prices from just $44,990, government incentives, low running costs, and a growing charging network, MG has made electric mobility accessible to everyday Australians.

What sets MG apart isn’t just the price—it’s the complete ownership experience. You get modern tech, strong safety ratings, fast charging, and a growing brand presence. The MG 4, in particular, is a standout in its class, offering a balance of range, performance, and features that rivals can’t match at this price point. And with the upcoming MG Cyberster, the brand is poised to attract even more attention in the performance and luxury segments.

If you’re considering an EV in 2024, the question isn’t why MG, but why not MG? With transparent pricing, strong after-sales support, and a clear roadmap for innovation, MG is no longer just a budget option—it’s a serious contender in Australia’s EV revolution. So take a test drive, compare the MG electric car price Australia with your budget, and see how much future you can afford. The road to sustainable driving has never been this affordable—or this exciting.

Frequently Asked Questions

What is the starting price of the MG electric car in Australia for 2024?

The 2024 MG ZS EV starts at $43,990 drive-away, making it one of the most affordable electric SUVs in Australia. Pricing varies slightly by state due to local incentives and dealer fees.

Which 2024 MG electric car offers the best value for money?

The MG4 Long Range stands out with its 450km range, advanced tech, and competitive $49,990 price tag. It outperforms rivals like the BYD Atto 3 in features-per-dollar for Australian buyers.

Are there any government rebates included in MG electric car prices?

MG electric car prices in Australia don’t include state-based rebates (e.g., $3,000 in NSW or $15,000 stamp duty savings in VIC). These are applied at purchase, effectively lowering your final MG electric car price.

How does the MG ZS EV compare to the MG4 in terms of pricing?

The MG ZS EV SUV starts $6,000 cheaper than the MG4 but has less range (320km vs 450km). The MG4 justifies its higher cost with better efficiency and newer platform technology.

What’s the price difference between MG’s 2023 and 2024 electric models?

2024 models see a $1,000-$2,500 increase over 2023 versions, reflecting upgrades like faster charging (150kW vs 120kW) and larger infotainment screens in the updated MG ZS EV.

Can I get a luxury MG electric car under $60,000 in Australia?

Yes, the top-spec MG4 XPOWER ($59,990) delivers luxury features like heated seats, 3-phase charging, and 320kW power – making it Australia’s most affordable performance electric car.