MG4 EV 2025: The title of Australia’s most affordable electric vehicle just got snatched by the MG4, now priced from just $38,990 before on-roads. It’s a game-changing moment for everyday Aussies thinking of ditching petrol, with the MG4 now cheaper than many small hatchbacks — and eligible for even more savings thanks to state rebates.
MG4 EV Price Cut: What You Get for Under $39,000
MG Australia has officially slashed the starting price of its all-electric MG4 hatchback, dropping it to just $38,990 (plus on-road costs). That puts it well below key competitors like the BYD Dolphin and Nissan Leaf, making it the most affordable EV you can buy new in Australia today.
Despite the budget-friendly tag, the MG4 still delivers the tech, safety and styling Aussie drivers expect — and then some. Here’s what you get at that sharp entry-level price:
- Motor: Rear-wheel drive 125kW electric motor
- Range: Up to 350km (WLTP) on a full charge
- Battery: 51kWh lithium-ion pack
- Interior: 10.25” infotainment screen with Apple CarPlay/Android Auto
- Safety: 5-star ANCAP rating, AEB, lane-keep assist, and adaptive cruise control
Plus, it includes a 7-year unlimited kilometre warranty — the same warranty MG offers across its entire range including the MG ZS EV and MG HS PHEV.
Cheapest Electric Car in Australia: MG4 vs Rivals
With its new price point, the MG4 leaps ahead of rivals in the ultra-affordable EV space. Here’s how it stacks up against other budget EVs currently on sale in Australia:
| Model | Price (Before On-Roads) | Range (WLTP) | Motor Output | Warranty |
|---|---|---|---|---|
| MG4 EV (2025) | $38,990 | 350km | 125kW | 7 years / unlimited km |
| BYD Dolphin Dynamic | $40,890 | 340km | 70kW | 6 years / 150,000km |
| Nissan Leaf | $50,990 | 270km | 110kW | 5 years / unlimited km |
The MG4 not only wins on price but delivers more performance and tech than similarly priced petrol hatches like the Toyota Yaris or Suzuki Swift.
Rebates Make It Even Cheaper in Some States
Depending on where you live, the MG4 EV could be even more affordable — thanks to generous state-based EV subsidies and stamp duty exemptions. Here’s how the MG4 price looks after incentives in different parts of Australia:
State-Based EV Incentives for the MG4
- New South Wales: No more $3,000 rebate (ended in 2023), but stamp duty waived for EVs under $78,000.
- Queensland: Up to $6,000 rebate for eligible buyers earning under $180,000/year — MG4 qualifies.
- Victoria: Rebate program closed, but EVs still exempt from annual luxury car tax and eligible for $100 registration discount.
- South Australia: $3,000 rebate still available for the first 7,000 eligible buyers.
- ACT: Offers interest-free loans and full registration exemptions for new EVs under $60,000.
So if you’re in Brisbane or Adelaide, the MG4 could end up closer to $33,000 drive-away — putting it in price territory with some base-model ICE cars.
Charging at Home or on the Road
The MG4 comes with Type 2 and CCS fast-charging capability, allowing:
- AC charging at up to 11kW (home wallbox: full charge in ~7.5 hours)
- DC fast charging up to 88kW (10–80% in about 40 minutes)
It’s compatible with public networks like Chargefox and Evie, and drivers in regional NSW or Victoria can find growing charger access thanks to recent government investments in rural EV infrastructure.
Why Aussies Are Snapping Up the MG4
It’s not just about price. The MG4 has already earned praise for its surprisingly sporty driving dynamics, futuristic cabin design, and value-packed spec list. It’s been a top-seller in Europe and now it’s gaining serious momentum in Australia.
Here’s what drivers are loving:
- Rear-Wheel Drive: Unlike most front-drive EVs, the MG4’s layout gives it a balanced, zippy feel on the road.
- Warranty Confidence: MG’s 7-year warranty offers peace of mind for first-time EV buyers.
- Low Running Costs: Estimated charging cost of ~$10–$12 for a full battery using off-peak power at home.
MG4 Excite and Essence Models Also Get Price Tweaks
While the base MG4 Excite 51 has made headlines, other variants have seen adjusted pricing too. For example:
| Variant | Battery | Range | New Price (AUD) |
|---|---|---|---|
| MG4 Excite 64 | 64kWh | 435km | $44,990 |
| MG4 Essence 77 | 77kWh | 530km | $55,990 |
Even the top-tier MG4 Long Range comes in well below rivals like the Tesla Model 3 or Polestar 2 — a huge bonus for budget-conscious drivers who still want extended range.
Should You Buy the MG4 Now?
If you’ve been waiting for EV prices to finally make sense — this might be the tipping point. With rising petrol costs, government incentives, and a well-equipped electric hatch now under $39k, the MG4 has made the dream of going electric realistic for thousands of Australians.
It’s practical, efficient, and now even cheaper to own than many petrol cars. For city commuters, first-time EV buyers, or even regional drivers with access to new charging networks, the MG4 is a serious contender — not just the cheapest EV, but arguably one of the smartest car buys of 2025.
