MG 4 prices set to rise in Australia – again

MG Australia will increase the price of its MG 4 EV hatch by as much as $3000 from July 1, 2025 – depending on model grade – with the entry-level model set to cost $7000 more than it did in October last year. 

The 2025 MG 4 Excite 51 will be priced at $37,990 drive-away nationally from the new financial year, an increase of $1000 over the current offer on model year 2024 (MY24) versions.

There are no equipment or technical changes between the 2024 and 2025 vehicles, while MG hasn’t specified whether the price rises will be applied to the 2024 model-year cars from July 1, 2025. 

The MG 4 Excite became Australia’s cheapest EV in 2024 when it was offered at $30,990 drive-away and kept the title after a bump to $32,990 last November.

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In February 2025 the price rose to $34,888 drive-away before its current $36,990 drive-away price was introduced in April. 

From July 1, 2025, the MG 4 Excite 51’s $37,990 drive-away price means its staggered increases have added up to $7000 – but it’s still less than the $38,990 before on-roads price it was launched with back in 2023. 

The BYD Dolphin electric hatch is currently Australia’s cheapest EV at $29,990 before on-road costs, with the GWM Ora is being offered from $32,990 drive-away for ABN holders.

Further up the MG 4 range, the MG 4 Excite 64 rises to $42,990 drive-away – an increase of $2000 over the current drive-away price – while the Essence 64 cops a $3000 jump to $45,990 drive-away.

The long-range Essence 77 increases $1000 to $50,990 drive-away, while the flagship XPower remains unchanged at $55,990.

MG previewed a new, more softly styled electric hatchback under the MG 4 nameplate earlier this year, though this doesn’t replace the existing MG 4.

It hasn’t been confirmed for Australia.

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