China’s MG4 EV makes debut in Vietnam
Monday, June 03, 2024, 13:01 GMT+7
MG Motor, an automotive brand owned by Shanghai-based, state-owned carmaker SAIC Motor, debuted the electric model MG4 EV in Vietnam on Saturday last week.
Vietnamese distributors of the MG brand started to sell two versions of the MG4 EV, including the DEL and LUX trims, priced from VND828 million (US$32,285) to VND948 million ($39,960) each.
The MG4 EV can travel for 450 kilometers on a single charge.
The price of the Chinese-branded electric car is higher than that of Vietnam’s VinFast VF6, which is similar to the MG4 EV.
Many customers predicted that the Chinese model would find it hard to compete with the local EV as its price is not cheap, and there is no nationwide charging system.
A representative of MG said that its customers can charge their vehicles at public charging stations.
The representative cited the firm’s statistics as saying that there will be 10 charging system suppliers in 2025, and as many as 10,000 public charging stations will be installed in Vietnam by 2030.
The MG4 EV can be charged from 10 to 80 percent in 26 minutes.
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