Chinese brand MG’s new electric hot hatch is nearly as quick as a Tesla Model 3 or Model Y Performance – but for a price closer to $60,000 drive-away.

Chinese car brand MG has revealed a new electric hot hatch as quick as a Porsche 911 Carrera S or all-wheel-drive Tesla Model 3, for the price of a Volkswagen Golf GTI.

2023 MG 4 dual motor: The Chinese electric hot hatch cheaper and quicker than a Tesla comes via ChinaTechNews.com.