21:42 04-05-2026

MG4 could become much cheaper: Spain is able to change the price of the Chinese EV

MG may start building EVs in Spain from 2027. Local production could push the MG4 down to around EUR 22,000-24,000, and below EUR 20,000 with the Plan Auto subsidy.

MG could start producing electric cars in Spain from 2027, and for the European market that is more interesting than just another news item about a new assembly site. Local manufacturing could lower the price of models like the MG4, speed up deliveries and remove some of the burden tied to imports from China.

One of MG's current problems in Europe is not the technology or the equipment, but the origin of the cars. Electric cars imported from China face additional duties that can reach up to 45%. For a model that is supposed to win on price in the first place, such a barrier seriously changes the final showroom number.

The MG4 in Spain currently starts at around EUR 31,190, taking into account brand campaigns. If production moves to Europe and part of the import costs goes away, a realistic estimate for the MG4 is around EUR 22,000-24,000 without state subsidies. And with full payments under Plan Auto, where support can reach EUR 4,500, the final price could get close to the psychological line of EUR 20,000.

That is already the level at which an electric car starts to compete not only with other EVs, but also with conventional petrol hatchbacks. For the buyer the difference is simple: if an electric compact costs almost the same as an internal-combustion car, the question shifts from «can I afford this» to «does charging and range work for me».

The second effect concerns delivery times. Today the wait for an electric car can stretch into months, sometimes more than half a year. Production near the market reduces dependence on shipping, customs and external disruptions. For the customer, that's not a nice line in a strategy — it's a simple thing: less waiting for the car after the order.

There's also the trust factor. A «made in Europe» label doesn't automatically make a car better, but for some buyers it works as an extra sign of oversight, quality and predictability. Especially when the brand in question is Chinese and still has to win over a conservative audience.

The project matters for Spain too. The country has an automotive industry, logistics, experience in mass production and a strong bet on renewable energy. If MG really does choose Spain, that means jobs and a stronger role for the country in the European EV chain.