Record-breaking market share for MG in July with much of the growth thanks to electric cars
MG Motor took an 8.9 percent share of the pure electric vehicle (EV) market in July
MG Motor have achieved another best month for market share in July. They took nearly two percent of the UK car market which is a record for the brand. Sales were up 30.6 percent to 2,411. Much of this growth is down to the sales of MG’s electric cars which include the ZS EV SUV electric sports utility vehicle, MG5 EV estate car and brand’s new MG5 EV Long Range.
The company’s year-to-date figures are now up a massive 67.5 percent in a market that has risen 24.7 percent. This means MG Motor has retained its position as the fastest-growing mainstream brand in the industry and has overtaken several well-known marques.
As mentioned, much of this growth has been fed by demand for MG’s great value range of all-electric cars. The new MG5 EV Long Range (from £26,495), which offers up to 250 miles (402km) of range, offers the best miles per pound ratio of any electric car currently on sale. Impressive stuff from the British car brand.
Together with strong sales of the ZS EV SUV, MG Motor took an 8.9 percent share of the pure electric market in July. As a consequence, this made them the third best-selling electric vehicle (EV) brand in the UK, ahead of Hyundai, Mercedes and Audi.
Guy Pigounakis, MG Motor commercial director, said: “MG’s growth in July and year-to-date means we are really challenging the more established brands in the market.
“We are especially well-placed to feed the rapidly growing demand for low emission plug-in cars and are confident that this will continue throughout the second half of the year.”