Friday, July 26, 2024

MG Outlines 2024 Upgrade Plans for ICE and EV Models, Targets Global Markets

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British automotive brand MG, known for its growing presence in various international markets, has revealed comprehensive plans for upgrades to its internal combustion engine (ICE) and electric vehicle (EV) lineup in 2024.

In a recent interview with Autocar, MG’s business unit general manager, Lu Jiajun, shared the company’s strategy, indicating that the first half of the year will witness updates to existing ICE models. In the latter part of 2024, the focus will shift to enhancing the electric vehicle offerings within MG’s portfolio. Key highlights include successors to the 3 supermini and the ZS.

The report also mentions forthcoming facelifts for the MG5 estate and MG7 sedans, reinforcing MG’s commitment to refining its current lineup. Jiajun stated, “MG’s plans roughly look like this: in the first half of the year, the existing fuel vehicle products will be strengthened; in the second half of the year, we will focus on electric models.”

Despite the success of the MG4 EV, positioning MG as a strong contender with competitively-priced electric vehicles, the company remains invested in traditional combustion-powered vehicles. Jiajun clarified that MG does not intend to “give up” on the fuel-vehicle market, acknowledging the continued preference for traditional vehicles in many global markets.

On the electric front, MG is reportedly working on a facelifted version of the MG4, featuring an upgraded interior. Additionally, the brand is set to launch a flagship electric SUV in 2024, serving as the successor to the Marvel R. This new model will utilize SAIC’s Modular Scalable Platform, supporting battery swapping and packs up to 150 kWh. Notably, the successor to the Marvel R will be produced in both left-hand and right-hand drive, responding to the increased demand in markets such as the UK and Australia.

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