MG ZS EV prices slashed in Australia to clear final stock ahead of S5 replacement

Prices for the MG ZS EV small electric SUV have been slashed in Australia to clear final stock manufactured in 2023.

The MG ZS EV Essence and Long Range variants are now available for $36,888 drive-away, making it the most-affordable new electric SUV currently available in Australia – though the Chery Omoda E5 costs $36,990 before on-road costs with a 2024 or 2025 build date.

MG Australia said the run-out offer extends the "exclusive fleet pricing" for the ZS EV to private customers, with limited stock available in run-out ahead of the arrival of its new-generation MG S5 successor.

Its MG S5 successor is due in local showrooms in the coming months based on the rear-wheel-drive 'MSP' electric-car architecture shared with the MG 4 hatch and Cyberster convertible.

The recommended retail prices of these ZS EV models before on-road costs are $41,990 for the Essence and $46,990 for the Long Range following a price cut in mid-2024, with the current run-out prices representing savings between $8500 and $13,750 over their recommended drive-away pricing at full cost.

Production of the ZS EV Essence and Long Range ended for the Australian market at the end of 2023 – with final stock arriving in 2024 – following the discontinuation of the base Excite variant in mid-2023, less than a year after its introduction.

While the Essence and Long Range are being offered at the same price in run-out, the Long Range adds a larger 72.6kWh battery rated for a 440-kilometre driving range on the European WLTP lab-test standard, compared to the 51.1kWh unit in the Essence for a 320-kilometre range.

The 2025 MG S5, the successor to the ZS EV.

Standard equipment in the ZS EV includes 17-inch alloy wheels, a 10.1-inch infotainment touchscreen, Apple CarPlay and Android Auto, a 7-inch digital instrument cluster, wireless phone charging, rain-sensing wipers, and a 360-degree camera.

The Long Range also gains heated front seats, while its front electric motor is detuned from 130kW/280Nm to 115kW/280Nm.

All new MG ZS EV models purchased since August 1, 2024, are covered by a 10-year/250,000-kilometre warranty for vehicles not deemed to be "commercial use", including the high-voltage battery, with the commercial-use warranty remaining at seven years and 160,000 kilometres.

• ZS EV Essence – $36,888
• ZS EV Long Range – $36,888

Note: All prices above are drive-away.

• 320-kilometre WLTP driving range rating
• 51.1kWh battery pack
• 130kW/280Nm front electric motor
• 17-inch alloy wheels
• 10.1-inch infotainment touchscreen
• Wired Apple CarPlay and Android Auto 
• Built-in satellite navigation
• Six-speaker audio system
• 7-inch digital instrument cluster
• LED headlights and tail-lights
• Leather-wrapped steering wheel
• Keyless entry and push-button start
• Panoramic sunroof
• Heated front seats
• Power-folding side mirrors
• Faux leather-look (PU and PVC material) seats
• Wireless phone charging
• Six-way power-adjustable driver seat
• Rain-sensing wipers
• Rear parking sensors
• 360-degree camera
• Autonomous emergency braking
• Lane-keep assist
• Blind-spot monitoring
• Rear cross-traffic alert
• Adaptive cruise control
• Traffic sign recognition
• Automatic high beam

• 440-kilometre WLTP driving range rating
• 72.6kWh battery pack
• 115kW/280Nm front electric motor
• Heated front seats

Electric Cars Guide

Jordan is a motoring journalist based in Melbourne with a lifelong passion for cars. He has been surrounded by classic Fords and Holdens, brand-new cars, and everything in between from birth, with his parents’ owning an automotive workshop in regional Victoria. Jordan started writing about cars in 2021, and joined the Drive team in 2024.

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