
MG Motor Australia has announced pricing for its new entry-level electric hatch, with the 2026 MG4 EV Urban set to arrive next month from $31,990 drive-away, making it the Chinese brand’s most affordable EV.

Designed to slot in below pricier rear-drive MG4s already on sale, the new front-drive MG4 EV Urban effectively replaces the outgoing Excite 51kWh ($37,990 d/a) as a more budget-friendly alternative.
It’s sharp pricing also puts the brand in closer reach of cheaper options in the increasingly competitive budget EV segment, currently headed by the BYD Atto 1 (from $23,990 plus ORCs), BYD Dolphin (from $29,990 plus ORCs) and the GAC Aion UT (from $31,990 plus ORCs).
The MG4 EV Urban sits on a different platform to the existing one and features a 6-in-1 electric drive system that combines multiple components in a single compact unit to reduce weight and increase cabin space.

Consumers will have the choice of a 43kWh ‘standard range’ battery or a 54kWh ‘long range’ unit, each capable of DC fast charging from 10-80 per cent in around 30 minutes.
The MG4 EV Urban will arrive in Australian showrooms next month, however MG is yet to reveal pricing for the 54kWh variant, which is expected to arrive around the $36K mark.
Meanwhile, the long-range Essence 77kWh looks increasingly unlikely to be retained, however MG is also yet to confirm its full MG4 line-up.
How much does the MG4 cost?
EV Urban 43kWh – $31,990
EV Urban 54kWh – TBC
Excite 64kWh – $42,990
Essence 64kWh – $45,990
Essence 77kWh – $50,990
XPower – $55,990
*Prices are drive-away