MG Motor Pakistan has reduced the price of its Binguo EV in Pakistan amid growing competition in the country’s electric vehicle market. The company announced the revised pricing during the launch event of the new MG4 EV Urban in Lahore.
MG Motor Pakistan had introduced the Binguo EV in the local market in December last year as a compact electric hatchback aimed at urban commuters.
The vehicle features a 31.9 kWh lithium ferro-phosphate battery paired with an electric motor producing 67 horsepower and 150 Nm of torque. According to the company, the EV offers a WLTP-certified driving range of up to 273 kilometers on a single charge.
The Binguo EV supports both DC fast charging and standard AC charging. Using DC fast charging, the battery can charge from 30 percent to 80 percent in around 35 minutes, while AC charging takes approximately 5.5 hours for a 20 percent to 100 percent charge.
According to the revised pricing announced by the company, the MG Binguo EV price has been reduced from Rs. 59.99 lacs to Rs. 56.99 lacs, reflecting a reduction of Rs. 3 lacs.
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