MG Slashes Prices Across The Lineup, Here’s How The New Rates Compare To Their Direct Rivals

The price cuts apply to all MG models, with the biggest revision for the ZS EV, by up to Rs 3.9 lakh

While it is expected for automakers to increase prices across their range at the beginning of each new year, as seen with the likes of Maruti, Tata, and Hyundai among others, MG India has taken a different approach. The British-born car brand recently slashed prices across the range, including those of its EVs, by more than a lakh. Let’s look at how the revised prices of its models compare to their respective rivals.

Why The Price Cut?

MG was the eighth best-selling car brand in India in 2023, but its total sales tally was a long way from that of the seventh best-selling carmaker. For 2024, it seems MG has a focus on increasing its overall sales volume by adjusting its prices to be even more competitive. 

MG Comet EV

• The MG Comet EV now boasts a starting price of Rs 6.99 lakh, which is Rs 99,000 less than its previous pricing while the top variant is Rs 1.4 lakh more affordable.

• Even the base-spec variant of the Tata Tiago EV is Rs 11,000 more expensive than the top-spec Comet EV. Meanwhile, the Punch EV and Citroen eC3 are in a different category altogether in terms of price, size, and driving range.

MG Astor

• The MG Astor got an MY2024 update in January, with which it not only became more feature- rich but also became more affordable.

• The Astor now starts Rs 84,000 lower than before, which also makes it the most affordable compact SUV in India.

• The 2024 updates for the SUV includes features like ventilated front seats, wireless phone charger, and an auto-dimming IRVM.

• MG also updated the 10.1-inch infotainment system of the Astor with more functionalities.

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MG Hector

• The diesel variants of the MG Hector have received a price cut of up to Rs 80,000, while the prices for the petrol variants have gone down by up to Rs 8,000.

• The Hector’s base-spec variant is now more affordable than the base-spec Harrier by Rs 54,000. Meanwhile, the fully loaded MG SUV is a lot more affordable than the top-spec Harrier, but still misses out on a diesel-automatic powertrain.

• However, it still costs Rs 95,000 more than the 5-seater base-spec variant of the Mahindra XUV700.

MG Hector Plus

• Even the MG Hector Plus, the 3-row mid-size SUV, got a downward price revision of up to Rs 60,000 for the diesel variants. The petrol variants, on the other hand, are now cheaper by up to Rs 5,000 only.

• The entry-level Hector Plus variant undercuts the base-spec 7-seater variant of the XUV700 by Rs 4,000.

• While the Tata Safari has a more affordable entry point, the top-spec variant of the Hector Plus is more affordable than that of the top-spec Safari and XUV700 by over Rs 4 lakh.

MG ZS EV

• The MG ZS EV received the biggest price cut of the lot, becoming up to Rs 3.9 lakh more affordable.

• It now starts Rs 4.86 lakh lower than its direct rival, the Hyundai Kona Electric, while also offering more features and better range (461 km claimed).

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MG Gloster

• The prices for the MG Gloster have been slashed by up to Rs 1.34 lakh. 

• The Toyota Fortuner’s base-spec variant still undercuts the Gloster’s entry-level variant by over Rs 4 lakh. 

• The Gloster’s top-spec variant, on the other hand, is now over Rs 8 lakh more affordable than the Fortuner’s top-spec variant, even though it offers a lot more technology and features.

All prices are-ex-showroom

Read More on : MG ZS EV Automatic