MG Motor India has announced a price hike for two of its popular models – the MG Comet EV and the MG Gloster SUV – effective from May 2025. This revision comes in response to rising input costs, changes in regulatory compliance, and supply chain challenges. The price increase goes up to ₹1.51 lakh, depending on the model and variant, and affects both budget electric vehicle buyers and premium SUV customers.
While MG continues to offer feature-rich vehicles with smart design and advanced tech, this upward revision may impact buyer decisions, especially in the entry-level EV and full-size SUV segments.
MG Comet EV: India’s Compact EV Gets Costlier
The MG Comet, launched as a compact and affordable electric city car, has been a hit among urban commuters. With its unique 2-door design, compact size, and modern tech features, the Comet caters to eco-conscious buyers in metros.
As part of the new pricing strategy, MG has increased the price of the Comet EV by approximately ₹25,000 to ₹35,000 across its variants. While it still remains one of the most affordable electric vehicles in India, this revision slightly narrows the price gap with newer upcoming EVs from Tata and Hyundai.
Despite the hike, the MG Comet continues to offer strong value, with a claimed range of over 200 km, digital infotainment, smart connectivity, and a distinctive design suited for city traffic and tight parking spaces.
MG Gloster: Full-Size Premium SUV Sees Steep Hike
The MG Gloster, which is positioned as the brand’s flagship SUV, has received a significant price hike of up to ₹1.51 lakh. This increase affects all major variants including the Sharp and Savvy trims, both in 2WD and 4WD options.
The Gloster is known for offering ADAS (Advanced Driver Assistance Systems), a 2.0L twin-turbo diesel engine, and 6- and 7-seater configurations. It competes with the likes of Toyota Fortuner, Skoda Kodiaq, and Jeep Meridian. While the SUV continues to offer good features and safety, this price jump might influence buyer decisions in the premium ₹40-lakh segment.
Buyers opting for higher-end trims will now have to shell out noticeably more, especially if they were considering waiting until the festive season for better deals.
Reasons Behind the Price Hike
MG has cited the following reasons for this price revision:
- Increase in raw material and production costs
- Higher freight and transportation charges
- BS6 Phase 2 and safety regulation compliance updates
- Currency fluctuation affecting imported components
These factors have made it necessary for carmakers like MG to adjust prices to protect their profit margins, especially in competitive segments.
Current Impact on Buyers
Customers planning to buy the MG Comet or Gloster in the coming weeks will now have to factor in this revised pricing. While dealer-level discounts may still be available in select cities, the ex-showroom prices are now officially higher across all states.
For the Comet EV, this means a new starting price close to ₹8 lakh. For the Gloster, the top-end trims now touch ₹44 lakh (ex-showroom), depending on configuration and location.
Final Thoughts: MG Balancing Features and Pricing Pressure
The MG Comet and Gloster price hike reflects the broader challenge faced by automakers balancing value offerings and rising operational costs. Despite the increase, both vehicles continue to stand out in their respective segments for their features, design, and technology.
If you were planning to buy either model, now may be the time to check with your local dealership for early booking offers or trade-in bonuses before prices go up further in the festive quarter.