MG Motors, a subsidiary of China’s SAIC, introduced its latest offering, the hybrid hatchback MG3, aimed at the European market. This move comes amidst a shifting landscape in the electric vehicle (EV) sector, where demand has shown signs of slowing.
The MG3 provides an alternative to purely electric vehicles by offering a lower-emission model that does not require charging.
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A pure hybrid, the MG3 combines a traditional fossil-fuel engine with a larger battery, allowing the vehicle to operate in electric, zero-emission mode intermittently.
MG highlighted that the MG3’s battery surpasses those of its competitors, enabling longer emission-free driving. The model has initially been available for purchase exclusively in the United Kingdom.
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As established automakers accelerate their transition to EVs and strive to make them more accessible, Chinese EV manufacturers are introducing more budget-friendly models in the European market. The deceleration in EV demand can be attributed to the limited availability of affordable models and the gradual expansion of charging infrastructure.
