MG Motor has officially launched it’s long-promised fully-electric ZS EV compact SUV in New Zealand, with a price that is even sharper than the official pre-sale offer.
With the new EV going on sale at $48,990, it slashes $1,000 off the original pre-order offer of $49,990 on the first 50 units, also undercutting the second pre-order offer of $50,100 as well. The actual retail price was expected to be $55,990.
On top of the lower price the ZS EV is now backed by an 8-year 160,000-kilometre battery warranty, a 5-year unlimited kilometre vehicle warranty and 5-year roadside assist package included in the deal.
MG Motor New Zealand manager Anthony Maclean told Stuff that everyone who pre-ordered the ZS EV would also now pay the lower price and get the extended warranty deal.
“We have been really bold to get to this price point,” said Maclean. “We want to shake up the market. I think New Zealand needs its first truly affordable family friendly EV. ZS EV is it.”
This sentiment was echoed by Peter Ciao, CEO, MG Motor Australia and New Zealand, who said: “Until now, buyers have had to pay a premium price for an EV. This has meant that only a small portion of the public can afford to buy an EV.
“Our vision at MG Motor is to change this situation by making electric vehicles available and accessible to everyone. By removing the affordability barrier, we are seeking to fast track EV adoption in Australia and New Zealand.”
The ZS EV is powered by a 44.5-kilowatt battery and MG claims a range of 263 kilometres on the WLTP combined cycle.
MG Motor parent company SAIC Motor Corporation produces its own batteries, making MG one of only three carmakers in the world to own their own battery production facility. The company says this means that the 44.5-kilowatt battery “is built to the highest quality and safety standards. Independently certified, the battery is shielded by high-strength steel enabling it to withstand fire, submersion, impact, dust, pressure and salt spray.”
The ZS EV comes equipped with a standard CCS2 charging socket located behind the grille and can be charged at a 350-kilowatt DC charger, taking just 45 minutes to reach 80 per cent.
The ZS EV is also well-equipped for the money, with safety systems such as adaptive cruise control, front collision warning, emergency brake assist, speed assist and lane departure warning as standard, along with a 5 star Euro NCAP safety rating.
Other standard equipment includes an 8-inch touchscreen infotainment system with Apple CarPlay and Android Auto, a six-speaker surround sound audio system, embedded satellite navigation, keyless entry and a panoramic sunroof.
SAIC Motor says it has invested heavily in electric as well as other new energy vehicle technologies, processes and battery production, making it one of only a handful of auto manufacturers to own its EV supply chain.
In 2019 the company built more than 185,000 electric vehicles, making it one of the top five EV producers globally by volume.
“The first cars are arriving in dealers now and our business plan is designed to make EVs more affordable and available to everyone,” said Peter Ciao.
“We are making a commitment that each electric vehicle sold by MG locally will offer value that encourages mainstream adoption. MG wants to make zero-emission motoring add up for the first time for customers locally.
“An attainable electric vehicle is the first step in creating demand in market which will lead to better infrastructure, something that MG Motor is a proud champion of.”