Renault 5 and MG4 Urban priced from £21,495 and £21,995 after UK grants

Carwow has compared the Renault 5 and MG4 Urban, two small EVs with closely matched pricing and range. The Renault 5 starts at £21,495 after the UK government grant, offering 120 to 150 hp and 192 to 251 miles of range with 80 to 100 kW charging. The MG4 Urban starts at £21,995 (£23,495 minus MG's £1,500 grant matching reduction), delivering 148 to 158 hp and 201 to 258 miles of range with 82 to 87 kW charging. Carwow notes the MG4 Urban prioritises interior space while the Renault 5 emphasises driving dynamics and retro styling.

Why it matters: The close pricing and specification overlap between these two models highlights intensifying competition in the affordable small EV segment, which may influence fleet procurement decisions and public charging demand patterns as both vehicles qualify for UK government incentives.