MG apparently plans to follow up with the MG2 compact electric car

This was reported by Autocar, citing David Allison, head of MG Motor UK. Allison had already made public in spring 2024 that the SAIC brand was considering a compact electric car. At that time, however, it was said that the MG2 would be a small electric car costing around £20,000 and would be launched as early as 2025. Now there is talk of a price limit of £25,000 and a release date of 2027. The British portal also mentions a new competitor for the Renault 5.

Allison told Autocar that “I’ve always felt that was the next market that was going to happen, because as Europe transitions towards EVs, inevitably the easiest way of making them more affordable is downsizing.” He added: “It fills me with lots and lots of confidence that that should be really, really successful in the space.’ Allison added that the sales figures for the Renault 5 had shown that the market for small, affordable electric cars was much larger than previously assumed, which is why it was crucial for MG to bring such a model to market as quickly as possible. In addition to the Renault 5, this segment currently includes vehicles such as the Dacia Spring, the Hyundai Inster, the Stellantis models based on the Citroen e-C3 and the Volkswagen quartet based on the VW ID. Polo.

However, Allison emphasised to Autocar that the company is not aiming for price leadership: “If you look at the price of the Dacia Spring and you look at the price of the Leapmotors, that’s not the space we occupy. And I don’t necessarily think it will be the space that we can occupy.” Technical data on the future MG compact electric car is not yet known. One thing is clear: in the current range, the MG2 would take its place below the MG4, thus assuming the role of the new entry-level model.

MG Motor officially began sales of the second generation of the MG4 in China in September. The launch of the new model generation in Europe was only a matter of time. However, according to David Allison, the new MG4 will not be offered in the UK, at least for the time being. The manager is quoted in Autocar as saying that the company wants to forego the market launch of the second generation offered in China and instead only bring a facelift of the current model to market.

In Europe, the MG4 was one of the most successful Chinese-made electric cars in terms of sales figures. In its home market of China, however, the MG4 was less successful. As a result, the expected facelift of the first generation was scrapped, and a completely new successor generation was developed there. Apparently, however, this strategy does not apply everywhere.

autocar.co.uk (MG2), autocar.co.uk (MG4)

This article was first published by Cora Werwitzke for electrive’s German edition.