Breaking News
Investing Pro 0
Cyber Monday Extended SALE: Up to 60% OFF InvestingPro+ CLAIM OFFER

MG Unveils New ZS EV in Australia; Cuts Price to Match BYD Atto

Stock Markets Sep 07, 2022 13:04
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters.
 
BYDDY
+2.03%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 

By Michael Elkins

British vehicle maker, MG Motor unveiled a newly refreshed MG ZS EV to the Australian media in Sydney on Wednesday, along with the news that the company has dropped its pricing by $2,000 to match its new Chinese competitor, BYD (OTC:BYDDY), in the growing Australian EV market.

MG lost its title of “Australia’s most affordable new EV” when the BYD Atto came onto the market in February, starting at $44,900. Now MG has brought its upgraded compact electric SUV back to the market and matched the BYD price. The MG ZS EV Excite trim is now priced at $44,990. The top-range Essence trim is now priced at $48,990.

The MG is available with a 50.2kWh standard-range battery. An upgrade from the previous generation’s 45kWh battery. There have also been several design changes to improve aerodynamics and energy efficiency, bringing consumption down to 173Wh/km and the driving range up to 320km, compared to the previous range of 262km.

“In practical examples, the average daily commute is 28 kilometers,” said technical manager Cameron Morgan. “A trip from Sydney to Newcastle. Melbourne to the Dandenong ranges, no problem.”

However, for those looking for longer range, MG Australia boss Peter Ciao says the 72kWh option with 440km driving range is again being considered for Australia.

MG Unveils New ZS EV in Australia; Cuts Price to Match BYD Atto
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email