Mg will tear out a market with an electric car of 25,000 euros: that Renault 5 Tream Byls

Market Cheap electric cars And reduced sizes will add a very important player in the coming years. Mg confirmed that he works in his own car to compete with it Renault 5 And it plans to position it very competitive, with the expected price of some 25,000 eurosField

This is confirmed by David Ellison, the head of the United Kingdom, Trainer During the cult festival of the speed of Goodwood. The Executive Director commented that the goal is to offer an economic electric car in the outdoor expansion segment and that he seeks to add more competitors in the coming years.

Allison did not provide the technical details of the vehicle, although rumors suggest that he can be launched as MG 2The goal would be to develop it on the same platform as MG 4; In addition, it will be fully developed on British territory and will be specially designed for European markets. Of course, to see this in action, it would be necessary to wait until 2028.

“What we always had was a position of affordable prices for electric cars, but we no longer have it. We are not even the cheapest in terms of sales of electric vehicles, because now there are many other brands and models in this market. Therefore, when setting the price of a car, I will do it as competitive as possible, and attention will be mainly focused on accessibility and monthly quots, ”he said.

As for the decision to develop his cheap electric car in the UK, the head of MG was stupid. “It is necessary [hacerlo allí] Because it is a machine that will not succeed in China, ”he explained.

Mg 2 will become a new electric car of 25,000 euros to compete with Renault 5

While the head of the MG in the UK did not provide a specific figure at the price of his future cheap electric car, his comments regarding Renault 5 They can reveal some tips. Ellison spoke about the positioning of MG2 in relation to the model of the French automaker, which today has an input price below 24,000 euros in Spain.

So the figure, about 25,000 euros – as help – does not sound insane. Especially when the MG 4, the current input model of the catalog, is priceless 31,700 euros without counting subsidies that it has qualifications.

“Renault 5 did this work much more important. I always believed that this was the next market that would arise because since Europe is moving towards electric cars, this is inevitably the easiest way to make them more affordable is a decrease in size, ”said Ellison.

If the future cheap MG Electrical model really reaches the market in 2028, it should be extremely competitive not only in price, as well as but also in design and advantagesThis is a field because it will have enough competitors than those that exist today, because by that time other models of the same segment will be available, such as VW ID.2all and Raval Cupra.