New sub-$30,000 EV announced

MG is temporarily giving $2000 cash back on its MG4 Urban electric hatchback so it now starts under $30,000.. Until September 30, the MG4 Urban line-up is priced as follows:. All prices are drive-away This promotional drive-away pricing for the MG4 Urban Essence 43 makes it more affordable than the GAC Aion UT Premium and puts it on par with the entry-level BYD Dolphin Essential..

However, it's worth noting the Geely EX2 and BYD Atto 1 are both available for cheaper, but they offer less range.. MG Motor Australia has also announced it will have a stall at the Everything Electric show in Sydney from September 18-20.. If you place an order for an MG4 Urban you'll also get a $500 charging card in addition to the cash back offer..

Beyond this, if you put down a $1000 deposit at the show for an MG IM5 sedan or IM6 SUV, you'll get access to a $5000 cashback.. This adds the existing $3000 cash back offer with an additional $2000 Everything Electric cash back offer.. This will price the MG IM models as follows:.

All prices are drive-away The MG4 Urban is the Chinese carmaker's newest entry-level electric vehicle (EV) and it sits below the standard MG4.. It launched locally earlier in 2026 as a more city- and budget-focused offering to compete against the likes of the BYD Dolphin, GAC Aion UT and Geely EX2, among others.. All versions of the MG4 Urban are front-wheel drive, unlike the rear-wheel drive MG4, and there are two different battery packs available, a 43kW and a 54kWh unit..

They offer up to 316km and 405km of WLTP-claimed electric range, respectively.. Until the end of August a total of 2604 MG4 Urban examples were sold.. Over this same time a total of 3838 BYD Atto 1 examples, 3068 BYD Dolphin examples, 1753 Geely EX2 examples and 572 GAC Aion UT examples were sold..