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Monthly Journal: Traders' Insights Wanted!
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MG MG4: Driving The Chinese EV Taking Europe By Storm

This is a very different MG than you think you know. It's also proof of just how good China's EVs really are.
Shanghai Automotive Industry Corp. (SAIC) acquired MG Motor UK Limited in 2007.
MG MG4: Driving The Chinese EV Taking Europe By Storm
Then, in 2022, the MG4 arrived. It was based on a new purpose-built EV platform with a look that meant it wouldn't blend in, respectable ranges from sensibly sized batteries, acceptable performance and, perhaps most importantly, a keen price point. It was something of a breath of fresh air. Its rivals were all more expensive, though more familiar. That wasn't enough to protect their market share.
If you head to certain bits of the United Kingdom, the MG4 is absolutely everywhere. Stand on a street corner and you'll likely see at least a handful in no time at all - private cars, fleet drivers and Ubers alike.
Not only do normal people like it, scruffy journalists like it too. It's won a raft of gongs for being, as the cliché goes, a 'lil bit Goldilocks. After so much love has been heaped on it by various colleagues, I figured it was time to give it a go.
MG decided to send me the MG4 XPower, the fastest one you can get, as I am a hooligan. With a motor on each axle, it kicks out 429 hp and 443 lb-ft in total. That's enough to get the 3968-lb car to 62 in 3.8 seconds, roughly as quick as an Audi RS 3.
Its 61.6-kWh (usable) battery will get you just shy of 240 miles on a charge on the more generous European WLTP cycle, which is plenty for most. MG isn't asking silly money for it, about £36,500, or USD46,500 at today's exchange rates.
Should America be jealous of the MG4? From the outside, the idea of an EV with a battery packing fewer than 100kWh, and a footprint smaller than a house would seem alien, but in reality… it would probably go down well in the sunnier states.
It's a looker, quick and gets you to work and back on a charge with ease. If MG could get it to America at an affordable price, it'd be a decent option - though U.S. tariffs on China's cars probably keep that off the table for now.
Pity, that. More cheap EVs for the rest of us in the meantime.
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