The premium MPV segment in India has always been niche, catering to buyers who prioritize comfort, space, and luxury over everything else. But things have taken an interesting turn recently.
The MG M9, one of the most talked-about luxury electric MPVs, has received a significant price hike of around ₹5 lakh, pushing it into a much higher bracket.
With this increase, the gap between the MG M9 and its closest rival, the Kia Carnival, has widened noticeably—raising an important question:
Is the MG M9 still worth its premium positioning, or has it moved too far ahead in price?
Let’s break down what this price hike means, how it affects competition, and whether buyers should still consider the M9.
MG M9 New Price: A Big Jump
The MG M9 was initially launched at around ₹69.90 lakh (ex-showroom).
After the latest revision, its price has increased to approximately ₹75.90 lakh, making it one of the most expensive MPVs in its category.
What This Means
- A direct increase of ₹5 lakh
- Moves closer to luxury MPV territory
- Creates a bigger gap from mainstream alternatives
This isn’t a minor revision—it’s a strategic repositioning.
Kia Carnival Price: The Benchmark Rival
On the other side, the Kia Carnival continues to be priced significantly lower.
- Starting price: Around ₹59–63 lakh (ex-showroom)
Even at its highest trims, the Carnival remains well below the new M9 price.
Price Gap After Hike
- Earlier gap: ~₹6–7 lakh
- Now: ₹12–15 lakh difference
Key Insight:
The MG M9 is no longer just slightly premium—it is now positioned in a completely different price league.
Different Segments or Direct Rivals?
Technically, the MG M9 and Kia Carnival are often compared—but they are now drifting apart in positioning.
MG M9
- Fully electric MPV
- Luxury-focused experience
- Premium pricing strategy
Kia Carnival
- Diesel-powered MPV
- Practical luxury
- Value-focused pricing
Conclusion:
They may share the same body style, but they now target different types of buyers.
Why Did MG Increase the Price?
A price hike of this scale usually doesn’t happen without reason.
1. Rising Input Costs
Manufacturers across the industry are facing:
- Higher raw material costs
- Increased battery expenses
- Supply chain challenges
MG has already indicated broader price revisions due to rising costs.
2. Premium Brand Positioning
MG is clearly trying to establish the M9 as:
- A luxury product
- Not just an alternative to Carnival
- A competitor to higher-end MPVs
This price hike reinforces that image.
3. Limited Competition in EV MPVs
The M9 has very few direct electric rivals in India.
This gives MG the flexibility to:
- Price aggressively
- Focus on exclusivity
- Avoid direct price wars
What You Get in the MG M9
Despite the higher price, the MG M9 offers a significantly different package compared to the Carnival.
Key Highlights
- Fully electric powertrain
- Large battery pack (around 90 kWh)
- Long driving range (over 500 km claimed)
- Ultra-luxury interior features
- Lounge-style seating
The M9 is designed to deliver a limousine-like experience, not just a family MPV.
What the Kia Carnival Still Does Better
Even with the price gap widening, the Kia Carnival remains extremely relevant.
Strengths of Carnival
- Proven diesel engine
- Lower upfront cost
- Wide service network
- Practical ownership experience
For many buyers, these factors outweigh the benefits of going electric.
Reality Check:
The Carnival offers 90% of the luxury at a much lower price.
Value vs Exclusivity: The Core Debate
The price hike brings the discussion down to one key factor:
MG M9 Buyers
- Looking for exclusivity
- Want cutting-edge EV tech
- Prefer silent, premium driving experience
Kia Carnival Buyers
- Focus on value
- Prefer proven technology
- Want lower initial investment
Big Difference:
The M9 sells experience, while the Carnival sells practical luxury.
Impact on Buyer Decisions
The increased price gap will likely influence buyer behavior.
Possible Outcomes
- Some buyers may shift to Carnival for better value
- Others may stretch budget for M9’s exclusivity
- New buyers may consider alternatives like luxury SUVs
This creates a split market rather than direct competition.
Does the MG M9 Still Make Sense?
Yes, If You Want:
- A premium electric MPV
- Silent and smooth driving
- Latest technology
- Unique ownership experience
No, If You Want:
- Value for money
- Proven reliability
- Lower upfront investment
The Bigger Picture: Luxury MPV Market Evolution
The price hike also reflects a larger trend.
The MPV segment is evolving into two categories:
- Value Luxury (Carnival)
- High-End Premium (M9, Vellfire)
The MG M9 now clearly belongs to the second group.
Is MG Taking a Risk?
Yes—and it’s a calculated one.
Risks
- Price may scare away potential buyers
- Brand is still building trust
- EV adoption is still growing
Opportunities
- Establish leadership in electric luxury MPVs
- Attract premium buyers
- Build a strong brand image
Final Verdict: A Bold but Divisive Move
The ₹5 lakh price hike has completely changed the way the MG M9 is perceived.
What Works
- Strong luxury positioning
- Advanced EV technology
- Unique offering in the segment
What Doesn’t
- Large price gap from Carnival
- Limited appeal for value-focused buyers
- Higher expectations at this price point
Final Thoughts
The MG M9 is no longer just an alternative to the Kia Carnival—it has moved into a higher segment altogether.
This price hike makes one thing clear:
MG is not chasing volume—it’s chasing premium positioning.
For some buyers, that makes the M9 even more desirable.
For others, it makes the Carnival an even smarter choice.











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