Focus on Electrification

New electric MG SUV retains value lead, but rivals close price gap

Front side view of the MG S5, compact SUV — The MG S5’s starting price of £28,495 ($36,900) is much closer to that of key full-electric competitors such as the Skoda Elroq and Kia EV3, but the Chinese model remains the most affordable electric compact SUV in the U.K. (NICK GIBBS/AUTOMOTIVE NEWS EUROPE)

April 16, 2025 04:00 AM

Front side view of the MG S5, compact SUV — The MG S5’s starting price of £28,495 ($36,900) is much closer to that of key full-electric competitors such as the Skoda Elroq and Kia EV3, but the Chinese model remains the most affordable electric compact SUV in the U.K. (NICK GIBBS/AUTOMOTIVE NEWS EUROPE)

MG has been used to a big price advantage for its electric models, but that won’t be the case with its new S5 compact SUV as rivals from Kia and Skoda close the gap with the Chinese automaker.

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