MG4 price drops to under $10,000 at launch in China
globalchinaev
• 3 days ago
On August 29, MG has officially introduced the all-new MG4 to the Chinese market, unveiling five different trim levels.
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That follows August 5 pre-sales, during which MG had announced a starting price of 73,800 yuan (c. $10,400) and received 11,067 pre-orders within the first 24 hours.
Source: MG
To encourage early traction, MG is offering cumulative benefits worth up to 27,000 yuan (c. $3,800) for buyers who place orders before October 31.
The 437 Relax Edition carries a retail price of 68,800 yuan (c. $9,600) but is currently available at a limited-time promotional price of 65,800 yuan (c. $9,200).
The 437 Comfort Edition is listed at 76,800 yuan (c. $10,800) and can be purchased during the promotional period for 73,800 yuan (c. $10,300).
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The 437 Freedom Edition is priced at 83,800 yuan (c. $11,700), with a reduced price of 80,800 yuan (c. $11,300).
The 530 Smart Edition enters the market at 96,800 yuan (c. $13,600), while the promotional price is set at 93,800 yuan (c. $13,200).
At the top of the lineup, the Semi-Solid-State Core Edition is priced at 102,800 yuan (c. $14,400) and is being offered for a limited time at 99,800 yuan (c. $14,000).
In addition, all models qualify for an extra trade-in benefit of 3,000 yuan (c. $400) when exchanging an old vehicle.
Source: MG
These include a 3,000 yuan (c. $400) trade-in voucher that applies regardless of brand or vehicle condition, as well as a 5,000 yuan (c. $700) subsidy that covers situations where the battery does not come with a lifetime warranty.
The company is also offering another 5,000 yuan (c. $700) to extend the comprehensive vehicle warranty to three years or 150,000 kilometers.
Practical ownership incentives are also part of the package. MG provides a 3,000 yuan (c. $400) subsidy for the installation of a 7 kW home charging unit within a 30-meter range during the first year of ownership.
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Financing has been made more flexible with loans starting from 50,000 yuan (c. $7,000) and 24 months of interest-free payments, supported by an additional subsidy valued at 4,000 yuan (c. $600).
Long-term protection is emphasized with an “Ultimate Protection” plan, which includes a three-battery warranty plus six years or 150,000 kilometers of coverage, valued at 5,000 yuan (c. $700).
Connectivity and customization benefits are also included. Owners will receive free lifetime in-car internet services along with three years of entertainment data worth 5,000 yuan (c. $700).
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Exclusive colors, such as purple and clear green, normally valued at 2,000 yuan (c. $300), are being offered free of charge for a limited time.
Buyers of selected trims—the 437 Comfort Edition, 437 Freedom Edition, 530 Smart Edition, and Semi-Solid-State Core Edition—will also receive a complimentary 5,000 yuan (c. $700) feature package.
By combining competitive pricing, flexible financing, and generous ownership perks, MG is positioning the MG4 as an accessible yet well-equipped electric hatchback with a semi-solid state battery option.