RV_ Posted May 20, 2023 Report Share Posted May 20, 2023 Wow! I loved my 1963 MG Spridget and Triumph Spitfire. Now MG has a new EV line that gets the same mileage in their MG4 long range ~330 miles, but at a cost of US $37,124 or about $13k less than the Tesla Model Y in Australia. Too bad we can't buy them here yet! For investors this article points out that manufacturers overseas are getting closer to Tesla technology, range, and beating them on price. Good for consumers and investors worldwide. The transition to EVs is picking up speed worldwide, while prices continue to drop even or less than ICE cars and trucks. Excerpt: Cars The MG4 Is Now The Most Affordable Electric Vehicle In Australia "There are now more affordable options for consumers looking to get EVs in quite a few markets around the world. It took a long time, but it’s finally happening in more markets around the world. In Thailand, the BYD Dolphin and the Ora Good Cat are already available at prices that are quite competitive with ICE equivalents. In the United Kingdom, the MG4 is also available at prices that are at parity with some ICE equivalents, such as the VW Golf. This is probably one of the reasons why the MG4 has had some outstanding sales figures so far in the UK. MG had a record first quarter of sales in 2023 in the UK. In the first three months of the year, the company was the second bestselling manufacturer of electric cars in the UK. Only Tesla sold more EVs in the UK. Overall, MG registered 20,679 new cars (including ICE) in the first quarter of 2023, which was a huge 49.4% increase on the same period in 2022. More importantly, its market share of the electric car market now stands at 9.4%. This places MG amongst the UK’s fastest growing electric car brands. The MG4 Excite The MG4 Excite has a range of up to 450 km (WLTP) and starts from $44,990 Australian dollars (US$29,886). Max Torque: 250 NM Rear-Wheel Drive 64 kWH battery 7-Year unlimited km Warranty 10.25-inch infotainment system MG iSmart app connectivity Automatic LED headlights and rear lights MG Modular Scalable Platform (MSP) MG Pilot Driver Safety Technology Reverse Camera Rear/Roof Spoiler 17″ alloy wheels with two-tone aero covers 10.5W Wired USB C/A Fabric Seats Rear Wiper 4 Speaker Audio Driver’s 6-way Manual Adjustable Seat 3 Regenerative Braking Modes (1,2,3) 3 Driving Modes (Eco, Normal, Sport) Auto Hold & Electric Parking Brake Adaptive Cruise Control 7″ Instrument Cluster Apple CarPlay + Android Auto The MG4 Essence The MG4 Essence has a range of up to 435 km (WLTP) and starts from $47,990 Australian dollars (US$31,866). The Essence has the following additional features on top of the ones offered in the MG MG4 EXCITE: 360-degree camera Twin-aero rear spoiler Two-tone roof 18″ alloy wheels with two-tone aero covers Automatic climate control Wireless phone charging PU & Fabric Seat 6 Speaker Audio Satellite Navigation Driver’s 6-way Electrically Adjustable Seat The MG4 Long Range The MG4 Long Range has a range of up to 530 km (added -329 miles range) (WLTP) and starts from $55,900 Australian dollars (US$37,124). The Long Range model has the following features in addition to those on the MG4 Essence: Max Torque: 350 NM 77 kWh battery It also has a 7-year unlimited km warranty. More and interior shots in the article here: https://cleantechnica.com/2023/05/18/the-mg4-is-now-the-most-affordable-electric-vehicle-in-australia/ Quote RV/Derekhttp://www.rvroadie.com Email on the bottom of my website page.Retired AF 1971-1998 When you see a worthy man, endeavor to emulate him. When you see an unworthy man, look inside yourself. - Confucius “Those who can make you believe absurdities, can make you commit atrocities.” ... Voltaire Link to comment Share on other sites More sharing options...
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