MG to target Tesla and Mercedes-Benz with new premium push: Chinese car maker confident it can offer $100k EVs to Australian buyers – Car News

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Are you ready to pay more than $100,000 for an MG? The Chinese-owned British brand certainly hopes so, with plans for a premium expansion underway for the current price-led player.

While MG has established itself with its affordable models, such as the compact MG3 and ZS SUV, its next models after the upcoming MG5 small sedan will be a major departure. First up will be the MG4 XPower electric hot hatch, which will pack 320kW of power and a price tag of more than $70,000, pitting…

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