SAIC-owned MG started selling the MG ES5 electric crossover in China with a starting price of 116,900 yuan (16,300 USD). With all discounts and subsidies applied, the entry-level ES5 costs 99,900 yuan (13,950 USD). The MG ES5 offers a range of up to 525 km and an e-motor of 125 kW (168 hp).
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The SAIC-backed MG has had relatively slow sales in China of late. Domestic sales volume from January to September 2024 was 56,511 units, down 20.2% year-on-year and down 81.3% compared to the same period of 2022. MG needs a new volume product to attract Chinese customers. It seems like the MG ES5 will look to strengthen the brand’s sales performance.
More about MG ES5
The MG ES5 is a compact SUV that adopts the brand’s latest design language. It has sharp LED daytime running lights and an aggressive front bumper. However, the overall appearance of the ES5 is a bit bulky due to a closed front fascia, wide wheel arches with plastic cladding and a curved hood line. The dimensions of MG’s latest electric product are 4476/1849/1621 mm with a wheelbase of 2730 mm. It rides on R17 or R18 wheels.
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MG is very proud of the ES5’s center of gravity, which is only 530 mm. The brand’s officials emphasized that they have achieved such a number because they are the world’s thinnest with a height of 110 mm. The lower center of gravity means better road holding. In addition, the ES5 also has a 50-50 weight distribution on the axles. These are impressive numbers for an urban crossover. The ES5 has a McPherson suspension at the front and a five-link independent suspension at the rear.
The interior of the MG ES5 has a minimalist style. It has a large 15.6-inch floating screen, a 10.25-inch LCD instrument cluster and a gear lever behind the three-spoke D-shaped steering wheel. The center tunnel also has a wireless charging pad and a pair of cup holders. The entry-level model of this BEV has four speakers, and other trims offer up to six.
The MG ES5 has two CATL-made LFP battery options: 40.1 kWh and 62.2 kWh. This crossover comes standard with a 125 kW (168 hp) permanent magnet synchronous electric motor in the rear axle. Depending on the battery variant, the acceleration time from zero to a hundred is 7.7-7.9 seconds. The CLTC range of the MG ES5 is 425 – 525 km.
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MG ES5 prices
MG was quite creative with the pricing of the ES5 for the Chinese market. The ex-British car manufacturer announced the recommended retail price of this car. Subsequently, the brand’s officials presented a temporary discount of 10,000 yuan (1,400 USD) for each trim level of the ES5. As the icing on the cake, MG introduced the 10,000 yuan trade-in subsidy for the ES5. So, Chinese customers can buy the ES5 at a discount of 20,000 yuan (2,800 USD). Here are the prices of the MG ES5 without special offers:
- MG ES5 425 Pro – 116,900 Yuan (16,300 USD)
- MG ES5 425 Plus – 126,900 yuan (17,700 USD)
- MG ES5 515 Pro – 126,900 Yuan (17,700 USD)
- MG ES5 515 Plus – 136,900 yuan (19,100 USD)
- MG ES5 525 Max – 146,900 yuan (20,500 USD)