Reported 7 months ago
MG, a brand under the Yulong Group, has launched their first domestically produced electric vehicle, the MG4, priced at 999,000 yuan, becoming the most cost-effective pure electric car in the country. With over 7,000 reservations for test drives, they aim to sell 250 units in the first month and challenge 1,600 units annually. Positioned as a fully equipped and affordable option, MG4 offers two dual-power car models, with plans for a monthly production capacity of 2,000 units to meet market demands.
Source: YAHOO