MG Electric Car Price Philippines 2024 Latest Updates and Deals

MG electric car prices in the Philippines 2024 start at just ₱1.89 million, making them a top contender in the growing EV market with aggressive pricing and government-backed incentives. Latest deals include low down payments, free charging credits, and up to ₱200,000 in savings—perfect for eco-conscious drivers ready to switch to sustainable mobility.

Key Takeaways

• Compare prices: Check 2024 MG EV models for best value deals.
• Check incentives: Avail of government rebates to lower upfront costs.
• Review financing: Explore flexible payment plans for easier ownership.
• Assess charging: Confirm home or public charging availability before buying.
• Monitor promos: Grab limited-time discounts during holiday sales events.
• Verify specs: Match battery range and features to your daily needs.

The Future of Mobility: MG Electric Cars in the Philippines

The automotive landscape in the Philippines is undergoing a revolutionary shift, with electric vehicles (EVs) taking center stage in the push toward sustainable and cost-efficient transportation. Among the global brands making significant inroads into the Philippine market, Morris Garages (MG) stands out as a pioneer in affordable, high-performance electric mobility. With rising fuel prices, increasing environmental awareness, and government incentives for green vehicles, Filipino consumers are turning their attention to EVs—and MG is perfectly positioned to meet this growing demand.

MG, a British-born brand now under the umbrella of SAIC Motor, has successfully reinvented itself as a forward-thinking automaker with a strong focus on electrification. In 2024, MG continues to expand its electric lineup in the Philippines, offering a range of vehicles that combine cutting-edge technology, modern design, and competitive pricing. Whether you’re a city commuter, a family-oriented driver, or an eco-conscious professional, there’s likely an MG electric car that fits your lifestyle. This comprehensive guide dives deep into the MG electric car price in the Philippines for 2024, covering the latest models, financing options, government incentives, real-world performance, and exclusive deals to help you make an informed decision.

Why MG Leads the EV Charge in the Philippines

MG has rapidly become a household name in the Philippine EV market, thanks to its strategic blend of affordability, innovation, and after-sales support. Unlike some luxury EV brands that remain out of reach for the average Filipino buyer, MG focuses on delivering value-for-money electric vehicles that don’t compromise on features or performance.

Affordable Pricing with Premium Features

One of the biggest reasons for MG’s success is its pricing strategy. While EVs in the Philippines often carry premium price tags, MG’s electric models are priced to appeal to middle-income earners. For example, the MG ZS EV starts at around PHP 1.8 million, making it one of the most accessible long-range electric SUVs in its class. This price point includes features typically found in higher-end vehicles, such as:

• 10.1-inch touchscreen infotainment with Apple CarPlay and Android Auto
• Digital instrument cluster
• Advanced driver assistance systems (ADAS)
• Regenerative braking
• Remote climate control via mobile app

Compared to similarly priced internal combustion engine (ICE) vehicles, the MG ZS EV offers lower long-term operating costs, zero tailpipe emissions, and a significantly quieter driving experience.

Strong Local Support and Infrastructure

MG Philippines, under the management of The Covenant Car Company Inc. (TCCCI), has invested heavily in building a robust EV ecosystem. This includes:

• Over 20 MG dealerships nationwide with EV-trained technicians
• Free charging at select MG service centers and partner malls
• Home charging station installation support
• Dedicated EV hotline for technical assistance

These initiatives make ownership less intimidating for first-time EV buyers. For instance, MG offers a free 7kW wall-mounted home charger with the purchase of any new electric model, significantly reducing the initial setup cost.

Government Incentives and Policy Support

The Philippine government is actively promoting EV adoption through the Electric Vehicle Industry Development Act (EVIDA), which includes:

• Exemption from excise tax for EVs until 2028
• 5-year income tax holiday for EV manufacturers
• Priority registration and licensing for EVs
• Reduced import duties on EV components

These policies directly benefit MG and its customers. For example, the excise tax exemption can save buyers up to PHP 200,000 on a PHP 1.8 million EV, effectively bringing the MG electric car price in the Philippines closer to parity with ICE alternatives.

MG Electric Car Models and 2024 Price Breakdown

As of 2024, MG offers three electric models in the Philippines: the MG ZS EV, the MG 4 EV, and the MG 5 EV. Each caters to a different segment of the market, from compact city cars to spacious family SUVs. Below is a detailed breakdown of their specifications, features, and pricing.

MG ZS EV: The Best-Selling Electric SUV

The MG ZS EV is MG’s flagship electric model in the Philippines and the country’s top-selling electric SUV. It combines practicality, comfort, and impressive range—making it ideal for urban and suburban drivers.

• Starting Price: PHP 1,818,888 (as of Q2 2024)
• Battery Capacity: 50.3 kWh
• Range (WLTP): 320 km
• Power: 143 PS, 350 Nm torque
• Charging (7kW AC): 8–10 hours (0–100%)
• Charging (DC Fast): 40 minutes (10–80%)

The ZS EV comes in one fully loaded variant with leather seats, panoramic sunroof, 360-degree camera, and MG Pilot (ADAS suite). It’s particularly popular among families due to its 448-liter boot space and 5-star ANCAP safety rating.

Tip: MG Philippines often runs limited-time promotions, such as PHP 100,000 cash discount or zero-down payment financing during holiday seasons (e.g., Christmas, Independence Day).

MG 4 EV: The Compact Hatchback for City Living

Launched in early 2024, the MG 4 EV is MG’s entry into the compact EV segment. Designed for young professionals and urban commuters, it offers agility, style, and advanced tech at a competitive price.

• Starting Price: PHP 1,498,888
• Battery Capacity: 51 kWh (Standard Range), 64 kWh (Long Range)
• Range (WLTP): 350 km (SR), 435 km (LR)
• Power: 170 PS (SR), 204 PS (LR)
• Charging (7kW AC): 7.5–9 hours (SR), 9–11 hours (LR)
• Charging (DC Fast): 35 minutes (10–80%)

The MG 4 EV stands out with its futuristic design, 10.25-inch digital cockpit, and rear-wheel drive (a rarity in its class). It’s also one of the most efficient EVs in the market, with an energy consumption of just 14.2 kWh/100km (SR model).

Pro Tip: The long-range version is recommended for drivers with longer commutes or weekend getaways, as it offers over 400 km of real-world range—enough to go from Manila to Tagaytay without recharging.

MG 5 EV: The Electric Sedan with Style and Space

The MG 5 EV is MG’s electric sedan, targeting buyers who prefer a traditional car layout with modern EV benefits. It’s spacious, comfortable, and packed with tech.

• Starting Price: PHP 1,798,888
• Battery Capacity: 57 kWh
• Range (WLTP): 400 km
• Power: 136 PS, 280 Nm torque
• Charging (7kW AC): 8.5 hours (0–100%)
• Charging (DC Fast): 42 minutes (10–80%)

The MG 5 EV features a 10.1-inch touchscreen, 7-inch digital cluster, wireless phone charger, and a 405-liter trunk. It’s a great choice for executives or families who want a sedan with EV efficiency.

Price Comparison Table: MG Electric Models (2024)

Model	Starting Price (PHP)	Battery (kWh)	Range (km)	Charging (7kW)	Best For
MG 4 EV (SR)	1,498,888	51	350	7.5–9 hrs	City commuters, young professionals
MG 4 EV (LR)	1,698,888	64	435	9–11 hrs	Frequent travelers, tech enthusiasts
MG 5 EV	1,798,888	57	400	8.5 hrs	Executives, families
MG ZS EV	1,818,888	50.3	320	8–10 hrs	Families, SUV lovers

Note: Prices may vary slightly depending on dealership location and ongoing promotions. Always confirm with your nearest MG dealer for the latest MG electric car price Philippines 2024 quote.

Financing Options and Ownership Costs

One of the biggest concerns for Filipino EV buyers is affordability—not just the upfront cost, but also long-term ownership expenses. MG has addressed this with flexible financing and low operating costs.

MG Financing Plans: Making EVs Accessible

MG Philippines offers several financing options through partner banks (BDO, BPI, Security Bank) and in-house financing:

• Zero Down Payment: Available for select models during promotional periods (e.g., MG 4 EV SR)
• Low Monthly Payments: As low as PHP 25,000/month for a 5-year term on the MG ZS EV
• Balloon Payment Plans: Pay a larger amount at the end of the term to reduce monthly dues
• Trade-In Incentives: Up to PHP 100,000 discount when trading in an old ICE vehicle

For example, a customer purchasing the MG 4 EV SR (PHP 1.49M) with a 5-year loan at 8% interest and PHP 200,000 down payment would have a monthly amortization of approximately PHP 27,200. With a trade-in, this could drop to PHP 22,200/month—comparable to financing a mid-size sedan.

Operating Costs: EVs Save You Money

While the initial purchase price of an EV is higher than ICE vehicles, the long-term savings are significant. Consider this comparison:

• Fuel vs. Electricity: Driving 1,000 km costs about PHP 5,000 in a 12 km/L gasoline SUV, but only PHP 1,800 in the MG ZS EV (at PHP 10/kWh)
• Maintenance: EVs have fewer moving parts—no oil changes, spark plugs, or exhaust systems. MG offers a 5-year/100,000 km warranty and 8-year/150,000 km battery warranty
• Insurance: Slightly higher than ICE cars (due to battery value), but many insurers offer EV discounts
• Registration Fees: EVs pay lower annual registration fees under EVIDA

Over 5 years, an MG EV owner can save PHP 150,000–200,000 in fuel and maintenance alone—effectively offsetting the higher sticker price.

Charging Costs: Home vs. Public

Most MG EV owners charge at home using the free 7kW wall charger. At an average electricity rate of PHP 10/kWh:

• Full charge (50 kWh): PHP 500 (lasts 300+ km)
• Monthly cost (1,500 km): PHP 2,500

Public charging is more expensive (PHP 15–25/kWh), but MG offers free charging for 1 year at partner stations like Shell Recharge and EV Mobility. Use the MG app to locate and activate these stations.

Real-World Performance and User Experience

Numbers on paper are important, but real-world performance is what truly matters. We’ve gathered feedback from MG EV owners across the Philippines to provide an honest assessment.

Range and Daily Commuting

Most users report that the advertised range is achievable under normal conditions. For example:

• Manila to Alabang (30 km): 10% battery used
• Manila to Subic (120 km): 35% battery used
• Manila to Tagaytay (60 km): 20% battery used (with AC on)

One user, a delivery rider in Quezon City, uses the MG 4 EV daily and says, “I charge every 2–3 days. Even with heavy traffic and AC, I still get 300 km per charge.”

Driving Dynamics and Comfort

MG EVs are praised for their smooth, quiet acceleration and responsive handling. The MG ZS EV’s suspension handles Manila’s potholes well, while the MG 4 EV’s low center of gravity (thanks to the floor-mounted battery) improves cornering stability.

However, some users note that:

• Regenerative braking is strong—can take time to adjust
• Rear visibility in the MG 4 EV could be better (fixed with the 360-degree camera)
• Infotainment system occasionally lags (MG is rolling out a software update)

Charging Infrastructure Challenges

While home charging is convenient, public charging remains a hurdle in some areas. Users in Cebu and Davao report limited fast-charging stations. MG is working with local governments to expand the network, with 10 new DC chargers planned in Visayas and Mindanao by Q4 2024.

Latest Deals, Promotions, and Where to Buy

To make 2024 the best year to buy an MG EV, the brand is rolling out aggressive promotions and exclusive deals.

2024 Promotional Offers

• MG Summer Sale (June–July): PHP 150,000 cash discount on all electric models + free home charger
• Zero Down Payment (Ongoing): Available on MG 4 EV SR and MG 5 EV through BDO Auto Loan
• Corporate Fleet Program: 10% discount for companies purchasing 5+ units
• Referral Bonus: PHP 20,000 cash reward for referring a buyer

Where to Buy and Test Drive

MG has over 20 dealerships nationwide. Visit the official MG Philippines website to:

• Book a test drive
• Calculate your monthly payment
• Find your nearest dealer
• Apply for financing online

Top dealerships include MG Alabang, MG Greenhills, MG Cebu, and MG Davao. Many offer home test drives upon request.

Pre-Owned and Demo Units

For budget-conscious buyers, MG offers certified pre-owned EVs with full warranty. Demo units (used for test drives) are also available at 10–15% discounts. Always ask for the battery health report and charging history when buying secondhand.

Conclusion: Is an MG Electric Car Right for You?

The MG electric car price in the Philippines 2024 reflects a brand committed to making sustainable mobility accessible to all. With models ranging from the compact MG 4 EV to the family-friendly MG ZS EV, MG offers something for every driver. Add in government incentives, low operating costs, and aggressive financing, and the case for going electric has never been stronger.

Whether you’re tired of high fuel prices, want to reduce your carbon footprint, or simply enjoy the smooth, quiet ride of an EV, an MG electric car is a smart investment. The brand’s strong local support, expanding charging network, and continuous innovation ensure that you won’t be left in the dark—literally or figuratively.

As we move toward a greener future, MG is leading the charge in the Philippines. Don’t miss out on the latest deals—visit an MG dealership today, take a test drive, and experience the future of driving. With the right model, the right deal, and the right mindset, you could be behind the wheel of an MG EV by next week.

Remember: the MG electric car price Philippines 2024 is just the beginning. The real value lies in the savings, the satisfaction, and the statement you make every time you drive off the lot—quietly, cleanly, and confidently.

Frequently Asked Questions

What is the starting price of an MG electric car in the Philippines in 2024?

The starting price of an MG electric car in the Philippines for 2024 is around ₱1.8 million for the MG 4 EV Standard Range. Pricing may vary depending on trim levels, dealer fees, and current promotions.

Are there any government incentives or discounts on MG electric car prices in the Philippines?

Yes, the Philippine government offers tax exemptions and incentives for electric vehicles under the EV Industry Act. Buyers can enjoy reduced excise taxes and registration fees, which may lower the effective MG electric car price in the Philippines.

Which MG electric car models are available in the Philippines this 2024?

As of 2024, MG Philippines offers the MG 4 EV (Standard and Long Range) and the MG ZS EV. Both models are fully imported and come with competitive pricing and modern EV features.

How does the MG electric car price compare to other EVs in the Philippines?

The MG electric car price is competitively positioned, offering better value than rivals like the BYD Atto 3 and Nissan Leaf. It balances affordability with solid range and tech features, making it a top budget-friendly EV choice.

Are there financing options or promos for MG electric cars in 2024?

Yes, MG Philippines partners with local banks to offer low down payment plans and low-interest financing for the 2024 EV lineup. Seasonal promos, like free charging credits or waived reservation fees, may also be available.

Does the MG electric car price include free charging or maintenance?

Some MG dealerships offer complimentary charging credits or a free home charging unit with select MG electric car price packages. Maintenance is typically covered under a 5-year/100,000-km warranty, depending on the model.