SAIC-owned MG started retail sales of its MG ES5 electric crossover in China at a starting price of 116,900 yuan (approximately $16,300 USD). The entry-level ES5’s price drops to a competitive 99,900 yuan (approximately $13,950 USD), thanks to various reductions and subsidies. The MG ES5 boasts a remarkable range of up to 525 kilometres and is equipped with an e-motor producing 125 kW (168 horsepower).
Despite the support of its parent company SAIC, MG’s sales have been relatively slow-moving in China recently. In the nine months spanning January to September 2024, our company saw a significant decline in home sales quantity, totalling 56,511 units, representing a 20.2% year-over-year decrease and an alarming 81.3% drop compared to the same period in 2022. MGM launches a fresh supply of products tailored specifically to attract Chinese customers. The new MG ES5 aims to enhance its predecessor’s sales performance by offering a range of upgrades and improvements.
Extra about MG ES5
The MG ES5 is a compact SUV that embodies the latest iteration of the brand’s design philosophy. With its sharp LED working lights and aggressive entrance bumper in place, this vehicle exudes a bold and confident demeanor on the road. Notwithstanding its overall aesthetic appeal, the ES5’s exterior design appears somewhat awkward due to its enclosed grille, prominent wheel arches adorned with plastic trim, and curved hoodline that creates an unflattering visual profile. What is the exact specification of the MG’s latest electric vehicle: a trifecta of dimensions, including an overall length of 4,476 millimetres, a width of 1,849 millimetres, and a height of 1,621 millimetres, with a wheelbase spanning 2,730 millimetres? The vehicle features ride-on R17 or R18 alloy wheels.
The MG team might be thrilled with the ES5’s remarkably low centre of gravity at just 530 mm. Due to their unique design featuring the world’s slimmest profile with a maximum thickness of just 110 mm, the model’s officers attribute the impressive quantity to this innovative feature. What’s the significance of a declining gravitational force on our daily lives? The ES5 also features an even 50/50 weight distribution across its axles, further enhancing its overall balance and handling capabilities. The sales figures for this city car are truly impressive. The ES5 features a McPherson suspension system upfront and a sophisticated five-link independent suspension configuration at the rear.
The interior of the MG ES5 exudes a minimalist aesthetic. With its prominent 15.6-inch floating display screen, complemented by a precise 10.25-inch LCD instrument cluster and a gear shifter discreetly positioned behind the three-spoke D-shaped steering wheel. The middle tunnel features a Wi-Fi charging pad and a pair of cup holders for added convenience. This BEV’s base model features a quad-audio setup, with up to six systems available across various trim levels.
The MG ES5 offers a pair of CATL-manufactured lithium-iron phosphate (LFP) battery options, totaling 40.1 kilowatt-hours or 62.2 kilowatt-hours. The crossover features a standard-fit 125-kilowatt (168 horsepower) synchronous permanent-magnet electric motor mounted at the rear axle. Depending on the battery variant, this vehicle’s zero-to-hundred acceleration takes approximately 7.7 to 7.9 seconds to complete. The estimated all-electric range of the MG ES5 according to the China Light-Duty Vehicle Test Cycle (CLTC) is between 425 and 525 kilometers.
MG ES5 costs
Mitsubishi Motors got creative with the pricing strategy for the ES5 model in the Chinese market. The former British automobile manufacturer announced its suggested market price for this vehicle. The model’s dealers then rolled out a promotional offer, pricing each variant of the ES5 at a competitive 10,000 yuan (approximately $1,400 USD). Because of the icing on the cake, MG has now launched a 10,000 yuan trade-in subsidy program for its ES5 model. In China, buyers can acquire the ES5 at an affordable price of 20,000 yuan, equivalent to approximately 2,800 USD. The listed prices for the MG ES5 include no special features.
- The MG ES5 425 Professional: a premium offering priced at 116,900 yuan (approximately 16,300 USD).
- The MG ES5 425 Plus – a premium offering priced at 126,900 yuan, or approximately 17,700 USD.
- The MG ES5 515 Professional – ¥126,900 ($17,700)
- The MG ES5 515 Plus retails for a competitive 136,900 yuan, equivalent to approximately 19,100 USD.
- The MG ES5 525 Max costs approximately 146,900 yuan, equivalent to around 20,500 USD.
