Makes sense, this should be standard policy for all EV makers, MG wont't lose anything with A faulty battery pack, as most of it will be reusable for future battery packs or for stationary storage.
@oatlegOnYt5 ай бұрын
It's only sense where >90% batteries can met the goal. So the battery needs to support and average lifetime of 1.500.000 (50% over the threshold) with a certain levels of mistreatment (like frequent fast charging). Only last generation LFP (and maybe they are pushing too far) can met that goal.
@diablosv365 ай бұрын
@@oatlegOnYt can be used for stationary storage too where being 90% is not important.
@oatlegOnYt5 ай бұрын
@@diablosv36 I think you have misunderstand me. I don't referred to the drop of 90% of battery capacity but 90% of sold cars met the ending before reach the degradation required to execute the warranty. 90% goal it's the same that increase the battery cost a 10% so you can pay for the replacements under the warranty. Over 10% the risk is too high.
@sebyst79075 ай бұрын
@@oatlegOnYtwhat they define as degradation is 70% of original capacity. Still usable as grid storage
@DileepaRanawake5 ай бұрын
100% agree
@richardwatkins67255 ай бұрын
This is how you remove the anxiety, build your customer base and brand loyalty. how to boost new sales and of course 2nd hand sales.
@yulusleonard9855 ай бұрын
I dont think they extend warranty to 2nd hand.
@paulb19515 ай бұрын
Offering reliable warranty is more key. LDV and their many rust issues and how they responded was/is a joke
@zes72155 ай бұрын
wrr, no anxiex etc nmw
@banchachantrathai68855 ай бұрын
@@yulusleonard985 I am a current MG4 owner in Thailand, the warranty can be passed on to second, third owners etc.
@banchachantrathai68855 ай бұрын
MG will change the battery when it drops to 80%.
@Jaw0lf5 ай бұрын
This is a fantastic move as batteries are proving to be long lasting and backing this up with long warranty will increase confidence of buyers.
@satokage93545 ай бұрын
Hi Sam, Good to know about this! FYI, in Indonesia, the "lifetime warranty" battery benefit was started in late 2023 with the introduction of the Wuling Binguo EV (Bingo in China) for the 1st 1,000 buyers initially; the offer was then extended to more buyers & this "lifetime warranty" promotion was quickly followed by Neta & MG as well, with nearly identical terms & conditions as Wuling's. Some of the terms & conditions included a cap of 30,000 km driven annually, a requirement to service the car at authorized dealerships within the specified intervals diligently, a requirement to only use authorized spare parts & validity only to the original owner (lifetime warranty not transferable if car is sold), among a list of other terms & conditions (less than 10 I think at the time). I thought that the terms & conditions were quite reasonable for owners who plan to keep the car long-term for regular daily in-town commute. I agree with you that globally, MG will likely have different terms & conditions for the lifetime warranty as laws, regulations & market goals/pressures are different for each country. Cheers...
@itsyo425 ай бұрын
thanks for the info
@johnemerson53835 ай бұрын
Autotrader recently had a Tesla with 430,000 miles. It was a private taxi. After independent tests the battery was still at 79%.
@charleshill71845 ай бұрын
A single data point is not a trend. While I agree batteries last longer than most people realize, lasting for 430,000+ miles is not a realistic expectation when you look at the last 10 years for overall data. The problem is the older battery data is skewed by Nissan Leaf batteries, which were not actively thermally managed, whereas everyone else learned from that experience.
@shwndh5 ай бұрын
72%
@stevewest1315 ай бұрын
New battery technologies are expected to last double that
@hawklutz5 ай бұрын
The issue is related more to calendar ageing than to overall mileage within a short time frame. I only buy used cars 6-8 years old and use them for another 8-10 years or so. Under the current state of art in battery technology there is no way for me to do that without a super costly battery replacement.
@ElMistroFeroz5 ай бұрын
@@hawklutzI have the same year/model as the one in autotrader but with 95K miles/7.7% degradation. I assure you, cycles are the biggest factor.
@steverichmond71425 ай бұрын
From Scotland - just bought another MG - MG4 LR. Depreciation will go to nothing when the market realises the implications. Having owned Mercedes for years, I bought an MG on a special deal just for Scotland and saved £9k. After 4 years I gave the car to my son and bought the 4. Fabulous cars - far better than Mercedes, which cost a fortune in fuel and repairs.
@hawklutz5 ай бұрын
Will still be the same depreciation unless the warranty can be transferred to the second user. Most drivers these days expect about 10 years of life out of a modern EV. The depreciation follows the curve in the given timeline.
@steverichmond71425 ай бұрын
@@hawklutz Depreciation is only calculable after a car is sold. The value depends on many factors but on an unconditional lifetime guarantee on the battery obviously follows the car - not the owner.
@hawklutz5 ай бұрын
A modern car should last about 20 years to depreciate on a par with ICE vehicles. And it's not just a battery - rust protection and overall suspension longevity are also critical long term. For EV's, on top of that, battery replacement costs should not exceed USD 3-4K or lifetime transferrable warranty should be provided. Also, highway range should be at least 300 miles. Then, we will get the boom in that industry.
@GruffSillyGoat5 ай бұрын
@@hawklutz - Battery warranties transfer with the car today already, this announcement shouldn't impact that ability. Rather, it's an explicit government requirement in some countries. What MG are doing is very much designed to make EV's more attractive to 2nd hand users than ICE cars, mitigating one of the depreciation drivers for Battery EVs. As Battery EVs are proving to be reliable many years on, the likelihood is that they will hold more value than their ICE counterparts. This will particularly become so when EV Passports are introduced that provides 2nd hand buyers with detailed information on a cars battery status.
@Billck245 ай бұрын
Changing EV will be like changing headphones
@gowanduff75015 ай бұрын
Wow. This is a great reassurance to MG owners if the extension to Lifetime warrantee or unlimited miles applies to existing MG vehicles. The whole EV market peaked last year in NZ with 27% share of new car market but has crashed to around 5% since January 1st when the NZ government agency NZTA, stopped the $NZ 7015 incentive payments. Any reduction in anxiety for potential EV buyers would be welcomed.
@rogerphelps99395 ай бұрын
NZ governmen is criminally irresponsible.
@zes72155 ай бұрын
wr, no anxiex etc nmw
@manuhamoa5 ай бұрын
yep, the tri-party co government does not support EV's, sad!
@Goitfor5 ай бұрын
Interesting that the ev market share in NZ is starting to climb again even without the incentive. Yes Jan was 4% but June was 12%. The incentive pulled forward demand which is now starting to reestablish.
@GDM225 ай бұрын
Might have something to do with the massive road tax they slapped in EVs. Typical of governments that do the right thing for a while then lose interest.
@diycave51445 ай бұрын
Lifetime warranty = game changer!
@microbiologycory105 ай бұрын
If for no other reason than it pressures the competition to do the same, or better! (Imagine leaving a battery to your kid in a will! Multigenerational battery tech)
@GruffSillyGoat5 ай бұрын
@@microbiologycory10 - although, any inheritance tax will insist you remove 55% of the battery and give it to the government when you hand the car over to your kid.
@sdfv4zx19 күн бұрын
If a chinese battery co is offering lifetime is it even worth it? They will be out of biz before u can collect.
@mikef888au15 ай бұрын
Fantastic if true. Bravo MG! Thanks for the breaking news Sam!
@electricviking5 ай бұрын
Glad you enjoyed it
@passdasalt5 ай бұрын
When you're 60 years old, a lifetime warranty sounds long enough.
@dyrectory_com5 ай бұрын
lol, ⚡
@orionbetelgeuse19375 ай бұрын
or if you have cancer.
@zes72155 ай бұрын
wrrr
@jccuchvjvj4 ай бұрын
Wait for Elon solving death by a few years
@roygardiner40025 ай бұрын
Brilliant idea MG. Our 10 year old Tesla still going strong, battery and drivetrain. Several UK specialist companies have started up repiring Tesla packs for a fraction of replacement costs.
@andy_mac15 ай бұрын
This is a great news story thanks Sam 🙂, hopefully it will come to Australia soon, as an MG4 owner I gives me more confidence in the brand, occasionaly I cop some flak from naysayers that think that batteries only last 10 years, this is a good move by MG to quiet the EV critics
@SimonAmazingClarke5 ай бұрын
This is amazing. As you said, it takes away many people's arguments against EVs. I saw a clip recently where a Tesla Model S with 430,000 miles still had a battery capacity of over 70% which is incredible
@soilbydesign93035 ай бұрын
I'm intrigued by this and the potential integration with home solar. For example, I have an off-grid system with 9k panels and a 4x4kwh (16kWh) BYD battery. Living in NZ I don't always have enough sunlight over winter so an auto-start generator is used to charge the batteries when needed. I also have an MG4 charged from home when excess power is available, or in town when excess isn't available. If the batteries have a lifetime warranty then filling up in town and then using the V2L to charge the batteries would be around 1/2 the price of running a petrol generator and have no mechanical downside costs. Thoughts?
@christophermarshall5274 ай бұрын
Excellent move great for promoting EVs, hopefully it'll become standard across all EV manufacturers.
@moragkerr95775 ай бұрын
I have a phase 1 MG4 bought in 2023. The warranty is 7 years, not eight. If this is true about the lifetime warranty being retrospective to us relatively early adopters, then in one sense that's great. Warm fuzzy feelings all round. But on the other hand it doesn't change anything. I was expecting my battery (which is LPF) to outlast the car itself anyway.
@Mario-jn5zq5 ай бұрын
We bought our MG4 February this year... This would be great if the give the lifetime guarantee in Germany to im Future 😁
@moragkerr95775 ай бұрын
I bought mine in April of last year. Nice to know that MG have such confidence in the batteries, whether or not they officially extend the warranty period.
@undisclosedthai5 ай бұрын
As far as I know, this warranty condition applies only to cars registered in the name of an individual (a person). If registered (or were registered) in the name of a company or organization (edit: I think leasing company is an exception if the buyer is actually buy with installments from it), or used for commercial purposes (such as a taxi, a car for hire, a car for rent) will NOT receive this warranty. In the case of registration change (owner change), it must only be change from one person to another person.
@GruffSillyGoat5 ай бұрын
The warranty is transferrable, the announcement states so _"The aforementioned private-vehicle warranty involves unlimited mileage coverage that is not limited to the first owner only - applicable to the change of owners in the future."_ I believe the warranty would be transferrable if extended worldwide as well, otherwise MG will get into trouble in some countries as it would be degrading the existing warranty, and also not meet EV sales requirement s of some countries that mandate at least an 8 year warranty. So if MG intends to roll out this warranty globally it will likely have to be transferrable as well.
@corindikevcorindikev5 ай бұрын
In Australia the current MG4 battery warranty is 7 years unlimited km. For me that's around 140,000 km for my 64 kWh NMC battery. If they upgrade to lifetime that should increase the resale value but at 73 my lifetime may only be 10 years or less so it doesn't bother me much. What it does demonstrate is SAIC's confidence in its relationship with battery manufacturer CATL. CATL have recently announced 1 to 1.5 million km warranties on truck & bus batteries in China so extending this to SAICs MG brand of passenger vehicles is a bold move I think designed to cement and even extend their position as the worlds largest and best battery manufacturer. Bring it on. Other brands will follow suit fairly rapidly if they want to maintain market share.
@nunosousa46895 ай бұрын
I'm now 10 years into my NCM battery and past the expected nr. of cycles. Still same range as when I got it, second-hand 3 years old.
@PurpleSideBlack5 ай бұрын
I'm a Tesla Model 3 LR owner and I put an average of 37,000 KM / year on it. My loan was originally 5YRS and I usually replace the car every 5YRS. At this rate, I'll be at 185,000 KM after 5YRS and be very close to the end of my battery warranty (8 YRS / 192,000 KM). I can only imagine the low-ball trade-in value Tesla would offer me for the car at that point. If Tesla would increase their battery warranty to 12 YRS / 500,000 KM, I think far more people would buy and would be less worried about keeping the car longer. It would also help their vehicles retain a higher value. I really hope he's right that maybe other manufactures will increase their battery warranty.
@zes72155 ай бұрын
wr
@grahamcastle81895 ай бұрын
Going to be interesting to see how this plays out. Reminds of Kia and Hyundia when they came to UK, sales took off when they offered 7 and 5 year warranties respectively.
@chrismorrison19555 ай бұрын
This is one one the main reasons I bought the MG4
@jr-pl9kj5 ай бұрын
been saying this for years, not just for EVs, all cars should have a complete lifetime warranty especially with how expensive cars are. this will also force manufacturers to make their cars reliable / durable and maybe prevent planned obsolescence.
@gmcg28c5 ай бұрын
I guess 2 things. 1. MG have done their sums knowing that an ICE engine bears a lot of warranty consideration, is no more. and are confident extended battery warranty is viable marketing pitch. 2. The electronics and software that manages the battery charge etc. is a next level of sophistication, ensuring longer battery life. I think it is a deal breaker for the next group of adopters now that the early adopters are by and largely satisfied. (Sydney Australia) :)
@madmikejohn5 ай бұрын
As a MG4 owner I’m stoked at this news! Will help to firm up resale price on my car.
@ryancondie283Ай бұрын
I bought an MG4 over the BYD Dolphin and GWM Ora largely due the driving characteristics and 10 year warranty, now I have a lifetime warranty on the battery. I really hope BYD follows suit in the future, I could definitely see myself replacing our second car with a BYD Seal, and this piece of mind would make me feel a lot more comfortable forking over the 60K AUD.
@Airbag8885 ай бұрын
Pretty happy with my MG4 LR/Trophy... it's not perfect (lacking some creature comforts) but rides well and lane keeping is actually not as bad as I feared it would be. On the topic of lifetime battery warranty, what it will do is massively up the resale value. We know eV resale value so far was pretty crap, well with that kind of warranty it will really improve
@iainsear78305 ай бұрын
It will be interesting to see the details. I think this is headline grabbing. Overkill I think. As an MG4 owner Id be happy (And think reasonable) a ten year warranty with 200,000k miles 80% capacity. Anything more than that is amazing.
@ferfromla5 ай бұрын
We will need to read the fine print, but if this is true, this will be a game changer, especially if battery and drive components are unlimited mileage. Uber drivers will surely want one of these. If this is true then there is no manufacturer on the planet, EV or ICE, that can beat this warranty. Such a warranty will accelerate the shift to EVs and calm the nerves of those who have doubts about them. Revolutionary is putting it mildly!
@FabioCapela5 ай бұрын
According to the press release it's unlimited mileage, yes. And it covers resold cars too.
@ferfromla5 ай бұрын
@@FabioCapela Wow! If it also includes resold cars, that would be a real game-changer!
@angleseyandy91105 ай бұрын
Who picks up the guarantee when the company goes under?
@paso79435 ай бұрын
Here in Denmark, there are EV taxi that have rounded 1 mil km and they still are working.
@luismachado62645 ай бұрын
Actually this kind of warranty says to people the manufacturer believes the car will last a long time. That's what people want to hear.
@larry67365 ай бұрын
This should become the standard on new EVs as all battery tech keeps improving. My 2023 Genesis Electrified G80 and 2024 Kia EV9 GT already came with a 10-year/100,000 mile powertrain and battery warranty which is much longer than I expect to keep the vehicles. 10-years has now become the minimum warranty I would accept on any new EV. If tech keeps improving on EVs as we have been seeing, improving warranties will help to increase EV adoption. Who would consider a ICE vehicle with 3 - 5 year warranty when EVs offer 10+ years?
@dancoffey42935 ай бұрын
The biggest impact will be on the 2nd hand market. Currently, people are nervous about 2nd hand EVs because they're not sure how long the battery will last. If the warranty stays with the vehicle then that problem is eliminated
@Fred-Jai5 ай бұрын
I'd say they will have revised this this policy long before 10 years is up and those that have bought with lifetime battery warranty will have it grandfathered in. This will likely only last until there is a critical mass of EV share of market then things will normalize. Bit like the days when there were concerns with burn in on Plasma and OLED TVs manufacturers would have 5 year and 3 year warranties. Most these days have 1 year for OLED since people have generally accepted that they will last if not abused.
@toing2d5 ай бұрын
Since early 2024 Most electric car brand already give life time warranty for 3 core component (battery, motor and controller) here in indonesia.
@anthonybrown48745 ай бұрын
We had a lifetime warranty with our vauxhall 1st owner only and 100k miles but it worked gave us confidence in the brand, had it for 11 years and 95k though we were spending a fair bit of time getting it fixed it kept us going to main dealer for servicing and consumabkes like clutch brake discs etc. The early adopters of this kind of warranty will increase sales and market share and at least justify the high capital expense that comes with EV ownership. Cars considering their cost should have a 7 year warranty minimum i can get 5 years on a £400 washing machine.
@Fred-Jai5 ай бұрын
For now it's only for Thailand , they will likely expand to other countries. In my opinion a lifetime is what they would deem fair and reasonable for a motor vehicle, typically 10 years. In my opinion the best way to deal with this battery issue is to bring down cost of replacement or repair, organize and train as many authorized battery replacement/repair centers as they can and freely supply factory diagnostic software to help with diagnostics. Unless this is done people will balk at buying a an older EV say over 8 years old, they will be scrap value just like an old laptop or phone.
@georgepelton56455 ай бұрын
"Fair and reasonable lifetime = 10 years?" In the US the *average* age is 12 years. That means about half of the cars on the road are older than 12 years. I would expect "lifetime" would be until the car is scrapped.
@Fred-Jai5 ай бұрын
@@georgepelton5645 it's a fair call, but the average age is a measure of the midpoint of the distribution, not the median so half the cars is not necessarily a given in a distribution.
@georgepelton56455 ай бұрын
@@Fred-Jai That is why I said "about half," as I expect a normal distribution.
@jetli7405 ай бұрын
@@georgepelton5645 you expect too much, the video also mention other part like drive train mean it motor expect it life time... untill the car scrap is impossible unless some part they double up when pricing
@georgepelton56455 ай бұрын
@@jetli740 Do you expect lifetime of cars to have a different distribution than a normal “bell curve.” I don’t. Neither do I expect lifetime warranties, but apparently MG decided to do it.
@comeinhandynow2 ай бұрын
Wow amazing, be great to get that on my MG4. I can see used prices jumping up!
@jasoncee6665 ай бұрын
Wow 😮 this is incredible 👏
@CW-jo7bf5 ай бұрын
I remember when Hyundai gave a lifetime warranty on the first Hyundai Sonata Hybrid batteries..
@saadur-rehman57435 ай бұрын
the main constraint in ICE Vehicles being still sold is the charging infrastructure. Otherwise now even in UAE the EVs (Chinese Versions) are cheaper than equivalent ICE versions. Once you get used to an EV very difficult to go to ICE vehicles
@mikewallace80875 ай бұрын
It is a World Economy and it is failing . You don't see it.
@christianolsen97815 ай бұрын
@@mikewallace8087ICE cars?
@mikewallace80875 ай бұрын
@@christianolsen9781 You don't see it. China Uncensored is a starting place.
@Chainyanker0075 ай бұрын
@@christianolsen9781 - Fyi, the Tesla model Y overtook the ICE Toyota Corolla and is now #1 selling car globally. The handwriting on the Wall. ICE will be rapidly fading, at least in the developed countries and in some developing countries. See S Curve of EVs, it has hit the steep portion.
@angleseyandy91105 ай бұрын
@@Chainyanker007lol. That's all that needs to be said.
@scottcochrane6385 ай бұрын
Bloody brilliant
@greggrant46145 ай бұрын
Many questions, including how much range degradation is the warranty good for - yet, this could be possible and the right move to radically increase the customer interest in an EV by temoving any diubt about batterry life (within some reasonable limits on use)?
@MGriff-q1i4 ай бұрын
We have an MG4 Essence the battery warranty is good at 8 years but having a guarantee for longer would be nice. I am pretty sure the battery will last as long as we have the car. We tend to trade in our cars at the 10 year mark anyway. With the rate of change and improvements in EV cars it is fairly certain we will want a new car in 10 years anyway.
@billywizzer10845 ай бұрын
The MG site in the UK is still showing 8 year warranty, when is it changing?
@michaelfink645 ай бұрын
Yes, I think this will make a difference to EV sales and yes, I think this will pressure other EV manufacturers to improve their battery warranties. A win for EV buyers and a win for the planet.
@TheLDunn15 ай бұрын
As most EV’s (in the UK at least) are purchased on typically a 3 year finance deal, when the customer will the trade it in and refinance their next car for 3 years, I don’t think a ‘lifetime’ (whatever that means) warranty on the battery will make much difference to those buying new cars. However, where it might help is in the secondhand car market, where folk will have more confidence on buying a 3 year or older car if they don’t have to worry about the cost of a potential replacement battery. This in turn should help residual values, which in turn should help new car purchasers because their residuals at trade in should be better & therefore their monthly payments should end up being less.
@GruffSillyGoat5 ай бұрын
The proposed EV battery passport will also give re-assurances that a 2nd user is getting value for money as well as it shows the condition of the battery. This will likely add a third parameter to used car pricing, these being age, milage and now for EVs battery status.
@kenoliver89135 ай бұрын
That's crazy. A lifetime warranty massively reduces depreciation (assuming you can trust it to be honoured), which means the lease costs will be far lower because the balloon payment at the end will be far higher. In effect you can keep the same car far longer and reap the savings from that.
@plugplugsthirarat2 ай бұрын
Yes It’s available now in Thailand and this guarantee is for the confidence of the used car market and neighboring countries such as Cambodia and Myanmar that use used cars from Thailand.
@sunburst14845 ай бұрын
Game changer, I'm not a huge fan of SAIC.....BUT this would definitely make me reconsider their cars, hopefully Geely and BYD do the same.
@ricosun5 ай бұрын
Actually this is quite widespread in 2nd or 3rd Tier Auto Makers in China. The offer lifetime warranty for the first owner.
@FabioCapela5 ай бұрын
MG's offer covers resold vehicles too, not just the first owner.
@ricosun5 ай бұрын
@@FabioCapela Yeah .... nah...It sounds really good but in reality the conditions are so stringent, that its better not to have it... Let me give you some examples. You have to service your car with their service centre, you basically cannot touch the car except for carefully drive the car, otherwise your warranty is void . Even minor modification or change coolent fluids or Paint jobs. You cannot even have your car checked by a third party. For MG the warrant covers battery, electic motor and the BMS. if the battery self combust, MG will replace the car of "same" value. Ask yourself how useful is that? Then ask yourself how hard it is to prove your car's battery self combusted after its already burnt, do you think the car manufactor will acknowledge that their car's battery self combusted? I am not knocking MG's quality, I think they build good quality cars, my father in law as one, but I just think this thing is marketing gimmick.
@GruffSillyGoat5 ай бұрын
@@ricosun - to be honest that's no different to any other car warranty conditions, the automakers want to ensure that the car is maintained to a known level for the warranty to be valid. In terms of mod's these are being voided by many measures - higher insurance, voided warranties etc. If it's a re-spray or vinyl wrap, most companies allow you to request a warranty cover extension as long as the job is performed professionally at a credited body shop. Why would an EV combust, would it be beacuse it was parked next to an ICE car than went up in flames (given their more likely to) - if so then that would be down to an insurance claim. Besides the EV probably reported the fault to the manufacture's system way before it combusted, which would give an evidence trail.
@ricosun5 ай бұрын
@@GruffSillyGoat MG offering warranty for battery self combust - thats like offering life insurance from being struck by lightening, the chances of it happening is so low, its useless. I know how these lifetime warranty works in China, my friend has a leapmotor EV and it come with a lifetime warranty. In practice the car has to be serviced by lets say MG throughout its lifetime, and any other service or mod has to be done by a MG "approved" supplier, which MG will add on an extra 20% on the price and its approved or they will do it "inhouse" even for Warping etc... Thats how they make more money from you car. They lock you into their service network. Also when it comes to service, they will always try to sell you something extra to keep your life time warranty. Lifetime warranty is useful for new EV players, with a new model, where quality is uncertain, then you absolutely want that extra cover. I don't think MG needs it. They are good cars.
@rhettoracle96795 ай бұрын
This will likely reduce Vinfast sales. Hyundai and Kia used longer powertrain warranty to reduce quality concerns. While it did cost them money on having to replace some faulty engine designs, it absolutely gained sales, market share while forcing some competitors to improve their own warranties. Peace
@plugplugsthirarat2 ай бұрын
Vinfast has already stopped selling in Thailand because it cannot compete with Chinese and German companies such as MG, BYD, X-PENG, NETA, BMW, Mercedes. In Thailand, there are many Japanese brands such as Toyota, Honda, Mazda, Nissan, which still have production bases and are popular.
@davidscott70085 ай бұрын
Makes total sense, as EVs are consumer electronics, meaning future replacements of defective batteries will be far cheaper than now. Even without a lifetime warranty, the anti-ev warnings that "you'll have to replace your battery" scare no one who understands that in 10yrs you'l get a new battery that's 5x as good for 1/5 the price they are now.
@GolLeeMe5 ай бұрын
Define Lifetime.
@KevNpton5 ай бұрын
When changing a wheel bearing is more than the value of the car? I drive my cars until they die and I’ve been there. I’ve also had a cam belt go and two diesel coils start to fail, but an EV doesn’t have that. I once had a passenger wiper motor go and ended buying one off eBay, without that my car would have failed it’s MOT and only worth scrap.
@GolLeeMe5 ай бұрын
@@KevNpton I would like to think you are right and we live in hope. Still, it’s better than nothing and at least you wont have to consider writing off your vehicle if your battery needs replacing after the warrantee period has expired. There are so many other expensive systems in an EV that are not like ICE, and it’s difficult to assume nothing will go wrong and it wont be expensive to repair if they do. Details of the offer and realisation of what your personal circumstances will determine if this is an important factor or not. I just chuckled at the notion this new offer has already “changed perceptions” of EVs. It seems so new, how would anyone know? Cheers.
@chrisbarron58615 ай бұрын
@@KevNpton "" two diesel coils start to fail, but an EV doesn’t have that"" Diesels don't use coils. Petrols use coils
@chrispenn7155 ай бұрын
@@chrisbarron5861 Maybe he means glow plugs?
@KevNpton5 ай бұрын
@@chrisbarron5861 I don’t know much about engines, but that’s what the Renault error message said. Not on screen, but in the diagnostic tool the mechanic showed me. It was definitely going wrong because the engine would go all lumpy, we’d get a bunch of messages on the dash and then a red one telling us to stop due to possible engine failure. We were also messages about ESP and the final was we started getting parking brake errors.
@supertouring15 ай бұрын
A warranty is only as good as your ability to claim on it. If they fight and deny claims based on excessive wear and tear, then it's useless.
@AlanTov5 ай бұрын
That makes no sense. They can't prove excessive wear and tear on a battery pack.
@theknifedude18815 ай бұрын
Sounds like a really good PR move. Maybe a few well maintained taxis will do long mileage, but I doubt this will cause a lot of high mileage batteries to be replaced. It should quiet the people who are afraid they will outlive their battery. It should definitely help resale value. Will it be transferable?
@rodfulford43065 ай бұрын
I wonder if its transferable so secondhand would also be a good buy!
@yulusleonard9855 ай бұрын
Nope
@FabioCapela5 ай бұрын
@@yulusleonard985 Actually, it is, according to the press release. It covers all MG cars that have the new model batteries, even those on the secondhand market or those that were already sold when the offer was made.
@GruffSillyGoat5 ай бұрын
@@yulusleonard985 - Yes it is, the announcement explicitly states so _"The aforementioned private-vehicle warranty involves unlimited mileage coverage that is not limited to the first owner only - applicable to the change of owners in the future."_
@apterachallenge5 ай бұрын
I just checked the MG Australia website - in Australia it's still a 7 year/unlimited mileage warranty.
@SudhirSingh-rk1jk5 ай бұрын
This is a game changer move, would generate lot of confidence in prospective customers.
@wj94945 ай бұрын
I am guessing that this warranty is for the original purchaser (as with lifetime 12v batteries) IDK if this will alleviate fears in the used car market (because warranty does not transfer) but it goes a really long way to assuring that your car will not die before 200k miles/300km (when I sell my new cars :D )
@FabioCapela5 ай бұрын
According to MG the warranty covers resold cars too. Which should do nicely to increase the resale value of those cars, as they now come with lifetime warranties even for those bought in the 2nd hand market. It even covers already sold cars, as long as they have the new battery model.
@Driver6M5 ай бұрын
If this battery warranty covers used buyers it's a game changer as the other main reason people are worried about buying an EV is resale values. Fix resale values and the cost if ownership dropes dramatically.
@sargfowler96035 ай бұрын
For most people, the standard 7-8 year warranty will be fine. It's just when these cars get to that age, the value will largely depend on the effective capacity remaining through a diagnostic process. A welcome addition to the car industry, but they need to tackle the range issues first.
@markwilliamson91995 ай бұрын
Only the lifetime for the brand/service network. My mother had a sowing machine with a lifetime warranty from the 1960’s but the company is now gone. What we need is some form of Australian national guarantee scheme where you can pay reasonable amount to maintain it. Model for this is house construction insurance which protects from a builder going bust when you come back for fixes on the 10 year warranty.
@Discoworx4 ай бұрын
Does the warranty still apply on change of ownership? There must be a stated degredation value as well?
@adrianbalasa40395 ай бұрын
Is it only available in Thailand ? I couldn’t find anything about Uk? Do you know anything?
@autodigitvlogs5 ай бұрын
Not for UK
@plugplugsthirarat2 ай бұрын
Yes, it is currently only available in Thailand. It is possible that in the last quarter of 2024 or early 2025, the UK will get a RWD version of the MG4, produced in Thailand instead of being produced in China.
@stevewest1315 ай бұрын
This changes everything. Well not everything but it is a game changer. MG doing this shows how much confidence they have in their product, fair play to them. The EV haters will be crying in their tea when they hear this
@FrunkensteinVonZipperneck5 ай бұрын
If this warranty "changes EVerything," will it make me taller?
@stevewest1315 ай бұрын
@@FrunkensteinVonZipperneck I have checked the smallprint and can confirm it will make you taller with the correct footwear.
@marvinhaagsma91775 ай бұрын
Changes nothing in Canada. You can’t buy the MG here. Not sure why, maybe the market is too small.
@stevewest1315 ай бұрын
@@marvinhaagsma9177 It might change things if other car makers follow suit
@marcc.490Ай бұрын
Wow. My MG just got better. Lifetime battery warranty. After 500k km it will be a home battery.
@kiwijonowilson5 ай бұрын
Depends what "Lifetime Warranty" means. It must have limit / requirements. Because all lithium based batteries degrade over time - so if a battery is 50% capacity in 20 years is that a fail or a pass? What about down to 50% capacity in 1 year (but otherwise works fine)?
@GruffSillyGoat5 ай бұрын
It will probably be the same as currenty warranties, otherwise MG will get in trouble with not meeting pre-exiting agreements. Hence will likely have a battery capacity floor of 70% by a defined age, below which degredation will not be treated as a fault. However, if the battery develops a non-degredation fault, or the motor / BMS goes, then it will be covered by the warranty (which is also the case now, although often different warranty periods apply at the moment for different parts). That said, if a battery degrades quickly and not in line with age/miles driven/number of charges then it will likely be treated as a fault, as is the case now.
@Silversqueeze20254 ай бұрын
Does it apply to my mg4 I bought last year?
@philipsigglekow78285 ай бұрын
That sounds good I would buy an MG as a town car and keep my GLE Merc 450d which can do 1000 k/m on one tank to BNE from SYD
@edupassionata8938Ай бұрын
After 3 months of your video, MG Australia only offers an upgrade from a 7-year to a 10-year 250000Km battery warranty. It seems only offered to customers in Thailand. I wish MG Australia would at least offer a paid lifetime warranty option so we can overcome our battery premature failure phobia at a calculated cost.
@DeveloperChris5 ай бұрын
in Australia a lifetime warranty is 25 years as a standard, cars are often on the road for at least 20 years. Hopefully this will come here as it will make a massive difference. I want to buy an EV but resale value is a major concern. if the battery is out of warranty resale will dip dramatically. This will fix that problem.
@glennO-e9r5 ай бұрын
A car is manufactured for a 10 year, 240,000km lifetime…That’s all.
@DeveloperChris5 ай бұрын
@@glennO-e9r Manufactured lifetime vs real lifetime. How many cars on the road today exceed the manufacturers lifetime and retain resale value due to the inherent repairability of the car. If the repair exceeds the value of the car then the car is without value. This is often the unfortunate case for most EV's.
@bernardlaverton90775 ай бұрын
is the mg model es included do you think?
@ChicagoBob1235 ай бұрын
How many miles and what percent of degradation so they garuntee
@FabioCapela5 ай бұрын
Unlimited miles. I have no idea about the degradation, though.
@GruffSillyGoat5 ай бұрын
@@FabioCapela - the warranty will probably have a state of charge floor like they do currently, which tends to be 70%. So the warranty cannot be used to claim a replacement battery if it degrades below this charge, but if it develops a fault then yes the battery will still be under warranty (as now), it will just be replaced with a battery of a similar (or better) condition. That is state of charge is not a fault triggering the warranty condition, unless something exception occurs - such as it falling dramatically and not in line with mileage driven/charges performed.
@jestronixhanderson98985 ай бұрын
Dam ! Happy with that! Lets see how good the Xpower battery is :)
@timprivett6355 ай бұрын
Amazing warranty . In thailand the 12V lead battery warranty is only 1 year
@david91925 ай бұрын
This will change the standard for the whole industry!
@AgathaWhispers5 ай бұрын
Accounting. Being that this is a high cost component of the car - accounting regulations (or lack there of) could give a massive advantage to cars produced in China. Kinda assuming that packs damaged in an accident would not be covered - this is an insurance issue. If an MG pack burns down your house with the car, don’t think MG will cover pack replacement either. This does seem to be a good PR move as you indicated.
@nickmcconnell12915 ай бұрын
Batteries are getting cheaper and cheaper. Let's say that the battery pack needs replacement after 8 years..... in eight years a comparable battery pack will probably be under $1,000 to replace. That's how fast costs are coming down.
@jojacobs43555 ай бұрын
It would be best to read the fineprint. The lifetime warranty may only be applicable in case of a faulty pack and not battery degradatation below a certain percentage.
@plugplugsthirarat2 ай бұрын
(High-Voltage) Battery with Motor drive set and Motor control box LIFETIME Warranty and unlimited mileage. The condition is that the user must bring the car in for a check-up as specified by MG, such as MG4 is 6 months or 10,000 kilometers, MAXUS9 is 12 months or 15,000 kilometers according to the conditions. It can exceed the specified distance by no more than 30 days or 1,000 kilometers. And maintenance of the battery and motor in the event of an accident must be repaired only at the garage of the MG certified dealer. Which is normal in Thailand to bring the car in for repair at the MG dealer.
@vancity23495 ай бұрын
Fantastic news and will push others to offer the same. The haters are having less and less to hate about...
@northernouthouse5 ай бұрын
I hope they raise the bar for batteries. It will help distinguish them from others
@paulh.45405 ай бұрын
The battery pack of EV's is estimated to be 40 - 50% of the build price. If companies like MG show the courage of their convictions in reliability and longevity of their vehicles it would create a huge amount of confidence in yet to be converted IC drivers. If companies can replace and or repair batteries under warranty then it is a huge benefit to both customers and manufacturers. It would have a great impact on the trade-in/ resale market of EV's and accelerate the uptake of these vehicles.
@GruffSillyGoat5 ай бұрын
The percentage is more like 20 to 30% now, the 40 to 50% range was from a number of years back and battery cell prices have dropped 70% since then. The MG4 battery pack is priced at £5,600/€6,700/$7,300. The shift to LFP has lowered pricing and will likely continue to do so; NMC cells though are now only 25% more, down from the 50% premium of a couple of years ago. LMFP is being worked on that will lower prices even further by raising LFPs charge density, meaning smaller battery packs can be used on cars lowering curb weight and increasing efficiency resulting the same or higher range at a much more afforable price.
@chrisbarron58615 ай бұрын
Any mention of the warranty honouring threshold ? Currently, warranties only promise to apply if the battery degrades by 20% or more. That can be quite a range hit on these low range vehicles.
@lavectech5 ай бұрын
Unlimited km and it has V2L, looks like a game changer. What is servicing like for the MG4?
@vincentsmith95625 ай бұрын
Sam we need more clarification. What you haven’t really addressed is the level of degradation of the battery. For example what if the battery performance after 5 years has reduced to 50%. That’s no good. Would like to know whether that warranty is for the battery degradation is no greater than 10%. Can you clarify that after 29 years the battery will be performing at 100% of its original state or 1%
@skepticalmechanic5 ай бұрын
I have a Tesla model 3 and this will definitely be a factor for me on my next car…
@janh-r8h5 ай бұрын
Tesla will always be the top one.
@drxym5 ай бұрын
I have an MG 4 and have a 7 year warranty (IIRC). While it's kind of cool if are switching to a "lifetime" warranty I bet it is limited and filled with exceptions that mean they'll almost never have to come good on it on really old cars. They'll exempt normal battery degradation, they'll exempt wear & tear, they'll exempt damage, water ingress, they'll void the warranty for 3rd party repairs, they'll void if the car isn't serviced, they'll define what "lifetime" means in a way that means finite (e.g a car in serviceable condition). If it comes to it I bet dealers will concoct reasons to not honour the warranty. So yes it's nice I guess, but treat it with a grain of salt.
@peterengland61535 ай бұрын
yep, just like any white wear, or car warranty.
@gdavis35294 ай бұрын
The 2024 MG3 Hybrid, sold in Australia, includes a 7 year hybrid battery warranty, in addition to its 7 year unlimited warranty on the engine, systems, etc including 7 year body perforation warranty.
@BrunoHeggli-zp3nl5 ай бұрын
This means Game over for Tesla
@jeffbangkok4 ай бұрын
Private use only. Not for commercial usage like Grab.
@kubapuchar70695 ай бұрын
What are the conditions of that warranty? If in 5 years my battery works, but has like only 10% of capacity, does it fall under warranty claim or not?
@GruffSillyGoat5 ай бұрын
10% will not be the case, batteries degrade a bit in the first few years then very slowly after that, the standard expectation is 70% after 10 years/100,000s miles with nearly unoticable annual degredation after that point. So the battery may have a floor set in line with industry expectations, that said battery costs are now 20% of the vehicle price (based on a MG4) and still falling. So the future battery price may not be a material concern for the automaker and taken on a risk basis that a few will degrade unexpectedly and just need swapping out. Batteries are improving all the time, one example being CATL who have annoucned batteries with 1 million miles range and 85% charge at the point guarantee.
@ПИЦКВлад5 ай бұрын
❤❤❤wow, Sam.. if true, this IS a game changer😁😳
@jensberkan32874 ай бұрын
MG website warranty statement is relatively clear... only 7 years / 150,000km - whatever comes first... at least that is what I saw.
@plugplugsthirarat2 ай бұрын
Available now only in Thailand. Because now MG4 49kWh and 64kWh batteries are produced at MG factories in Thailand.
@kurniawanwidisusanto36194 ай бұрын
Wuling in Indonesia do this to for binguo The warranty will not valid if you sell the car. This is for first hand only
@garyhooper27285 ай бұрын
We own an MG Cyberster here in China (Shanghai) the car comes with lifetime battery and driveline however max 30k km per year better than our Tesla model Y
@75Chopin5 ай бұрын
The chance of battery failing completely is so rare that a lifetime replacement cost really won’t cost makers a lot and in return they attract skeptical customers to buy more EVs, a win-win situation
@bruceconnor65355 ай бұрын
Excellent move. The advertising value alone will cover the cost of replacing the much cheaper batteries in the future.
@frankcoffey5 ай бұрын
Remember when Hyundai and Kia did this with gas cars? It worked, and they grew like crazy just after that. I think it would work for EVs also. We have the data that a 70% range warranty has very little risk and the upside will be very good for the first automakers willing to do it. Not only that but by the time the cars need a new battery the replacement part will be a fraction of todays cost. They could also use warranty claims as an opportunity to sell the customer a new car or offer them an upgrade on the pack for a reasonable price.
@stoner27th5 ай бұрын
Every other EV in China gives a lifetime warranty promo. Also in Indonesia and many others since the beginning of the year. One caveat you can't sell the car, warrants only the first owner and there's a yearly limit mostly around 30k km a year, and it can be used as a taxi. They have to because the competition is getting fierce.
@itekani5 ай бұрын
How many years warranty? Korean brand KGM offer 10 years and 1000000 km on their BYD blade battery-equipped model Torres here in Sweden.
@jckelley105 ай бұрын
I hope you're right and Tesla follows MG in extending battery warranties.