MG's new all-electric hatchback will cost just $31,400 when it arrives in the UK

Last month, MG revealed the all-electric MG4 hatchback with range of up to 281 miles (on the WLTP system). Now, we know it will be one of the least expensive EVs available in the UK with a starting price of £25,995 ($31,400). It’s set to arrive in the UK in September this year.

As a reminder, China’s SAIC Motors now owns the MG brand following the collapse of MG Rover in 2005. The vehicles are manufactured in China, but SAIC has a design studio in London. It also has joint venture partnerships with Volkswagen, GM and others to produce branded vehicles in China.

The MG4 first arrived as

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