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Fortune
Fortune
James Morris

MG’s lifetime battery warranty isn’t the holy grail for boosting EV ownership—yet

MGCybersterJune2024Edit-49 (Credit: Courtesy MG Motor UK)

Chinese-owned formerly British car brand MG has announced a surprising new battery warranty. It’s not just a few more years, but for the lifetime of the vehicle and unlimited miles. 

This has the potential to change the way consumers view EVs, tackling one of the main fears they have about needing an expensive battery replacement after a few years of ownership.

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