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Price surge: 2024 MG ZS EV and MG4 electric car pricing increases up to $2000 with no update

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The changed prices took effect on January 1, though won’t affect pre-existing orders and customers.
The changed prices took effect on January 1, though won’t affect pre-existing orders and customers.
Chris Thompson
Journalist
11 Jan 2024
2 min read

Pricing for some of the cheapest electric cars available in Australia has increased as of the new year, as MG has bumped up pricing for one of its models, and the entry grade for another.

The 2024 MG ZS EV small SUV and the base variant MG4 Excite 51 electric small car have both copped a price increase, most grades by $1000, though the most expensive of the ZS EV range is up by $2000.

Now starting from $39,990 before on-roads is the entry-level MG4, at $1000 more than before, with no changes to specification. It still has a fairly simple features list, a 350km claimed driving range, and a rear-drive 125kW/250Nm powertrain drawing from an eponymous 51kWh battery.

The other higher grade models - the ‘64’, ‘77’ and XPower variants - in the MG4 range remain unchanged in price.

The full range for the ZS EV has gone up in price, however, with the Excite and Essence pricing going up by $1000, and the top-spec Long Range by $2000.

The full range for the ZS EV has gone up in price, however, with the Excite and Essence pricing going up by 00, and the top-spec Long Range by 00.
The full range for the ZS EV has gone up in price, however, with the Excite and Essence pricing going up by 00, and the top-spec Long Range by 00.

“The pricing adjustments for MG4 and ZS EV are a result of different external factors such as a rise in raw material costs, shipping costs and currency fluctuations,” an MG Motor Australia spokesperson confirmed to CarsGuide.

The pricing adjustments for MG4 and ZS EV are a result of different external factors such as a rise in raw material costs, shipping costs and currency fluctuations.
The pricing adjustments for MG4 and ZS EV are a result of different external factors such as a rise in raw material costs, shipping costs and currency fluctuations.

“Orders placed before January 1, 2024 are price-protected.”

While prices listed below are before on-road costs, MG lists state-by-state drive-away pricing for each variant of its electric cars on its website.

Now starting from ,990 before on-roads is the entry-level MG4, at 00 more than before, with no changes to specification.
Now starting from ,990 before on-roads is the entry-level MG4, at 00 more than before, with no changes to specification.

2024 MG4 pricing before on-road costs

VariantPrice
Excite 51$39,990 (+$1000)
Excite 64$44,990
Essence 64$47,990
Long Range 77$55,990
XPower$59,990

2024 MG ZS EV pricing before on-road costs

VariantPrice
Excite$41,990 (+$1000)
Essence$44,990 (+$1000)
Long Range$51,990 (+$2000)
Chris Thompson
Journalist
Racing video games, car-spotting on road trips, and helping wash the family VL Calais Turbo as a kid were all early indicators that an interest in cars would stay present in Chris’ life, but loading up his 1990 VW Golf GTI Mk2 and moving from hometown Brisbane to work in automotive publishing in Melbourne ensured cars would be a constant. With a few years as MOTOR Magazine’s first digital journalist under his belt, followed by a stint as a staff journalist for Wheels Magazine, Chris’ career already speaks to a passion for anything with four wheels, especially the 1989 Mazda MX-5 he currently owns. From spending entire weeks dissecting the dynamic abilities of sports cars to weighing up the practical options for car buyers from all walks of life, Chris’ love for writing and talking about cars means if you’ve got a motoring question, he can give you an answer.
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