KARACHI (Kashmir English): MG Motors Pakistan has offered a finance scheme for its MG HS lineup that is interest-free for a limited period of time.

According to the company’s announcement, customers can buy the MG HS PHEV with EMI starting from Rs. 124,365, whereas the MG HS Trophy can be bought with EMI starting from Rs. 99,495.

The MG HS lineup scheme carries no markup or additional profit with the assistance of Orix Leasing.

MG mentioned that the terms of this offer allow for flexible payment terms without interest.

Moreover, this offer will end after a limited time, as mentioned by the company.

Customers have been advised to contact the authorized dealerships of MG for further details related to the scheme.

MG Binguo EV

Earlier, MG Motors has officially announced the price of its new electric vehicle, Binguo EV, in Pakistan.

The addition of the MG Binguo EV is a significant addition to the company’s EV lineup, according to market experts.

According to the details, MG Pakistan has set the price of the Bingo EV at Rs 59 lakh 99 thousand.

MG Binguo EV  has emerged as a strong option compared to other electric vehicles available in the local market as the vehicle can be booked for Rs 12 lakh.

The Bingo EV is equipped with a 31.9 kWh Li-ion ferrophosphate battery, which provides power to the electric motor that produces 67 horsepower and 150 Newton meters of torque.

According to the company, the vehicle has a WLTP range of 273 km, which is quite suitable for urban travel.

The vehicle supports both DC fast charging and AC charging, with the DC fast charging that can charge the battery from 30% to 80% in about 35 minutes.

AC charging takes about 5.5 hours to charge from 20% to 100%.

Safety features include dual front airbags, ABS, EBD, rear parking sensors, and a camera, making it a safe family EV.