PRICE SLASHED! MG4 EV IS UP TO $10K CHEAPER NOW

EV Channels Review

MG has significantly slashed the price of the MG4 in Australia, offering up to $10,000 off the base model and between $5,000 to $8,000 off other variants. This aggressive discounting is interpreted as a desperate measure to clear excess stock, potentially dating back to last year. While this presents a golden opportunity for new EV buyers seeking affordability, it's a tough pill to swallow for those who purchased at the full price earlier this year. The reviewer questions MG's stated motivation of making EVs more accessible, suggesting the price cuts are a response to lower-than-expected sales figures, with the company aiming for 2,000 monthly sales but only achieving around 400-450. Despite the sales struggles and the controversial price drops, the MG4 is acknowledged as a good EV with a reasonable price and battery size. However, the video also highlights the broader challenges in EV adoption, particularly for mainstream buyers who face issues with charging infrastructure and the practicality of home solar charging, suggesting EVs are not yet for everyone.