At the 2026 Chengdu Auto Show, SAIC’s MG brand officially launched its new mid-size sedan, the MG 07, and the pricing might genuinely surprise you. According to CarNewsChina, the car is available in seven configurations, with prices ranging from 108,900 yuan to 159,900 yuan, or roughly $16,000 to $23,500, making it one of the most affordable electric cars.
A surprisingly premium design for a $16,000 sedan
The MG 07 stands out with a star-ring light group up front and semi-hidden door handles for a cleaner silhouette. It measures 4,886mm long and rides on a 2,825mm wheelbase, paired with frameless doors, two-tone wheels, and yellow brake calipers. At the back, there’s a through-type taillight and a 5-stage adjustable electric spoiler. You get six paint options, including Morello Purple, Notting Grey, Oxford Blue, Milia Pink, California Blue, and Salt Lake White.
On the powertrain front, MG is offering both EV and PHEV options. The EV runs on an 800V platform, offering up to 315 horsepower and a maximum range of 845km, while the PHEV pairs a 1.5L engine with an electric motor for a combined range that stretches to 1,745km. The 610km range EV trims interestingly use semi-solid batteries from Qingtao, while every other version sticks with CATL‘s more familiar LFP cells.
The cabin is where things get really interesting
The cabin is really well done. You get a wraparound cockpit with a 15.6-inch floating touchscreen running on the 8295P chip. The driver’s seat comes with heating and ventilation, and the passenger side even gets a “Queen” zero-gravity mode. Add in a multi-functional vanity mirror, a 21-speaker sound system, and mCDC active suspension, and the comfort package feels genuinely thought out. MG has also added LiDAR here, powered by Momenta’s R7 world model.
The MG 07’s price might be its biggest selling point
If you already had your eye on the EV version, pre-sales kicked off last month starting at 125,900 yuan, or about $18,600. Deliveries are staggered depending on which range you pick. Go for the 650km version, and you should have it by the end of August. Opt for the longer 845km range instead, and you will need to wait until October.