MG launches a crowdfunding campaign for the production of Cyberster

The MG Cyberster concept car has a chance in life, and if you want it in production form, you can help fund it.

We’ve seen the concept of the MG Cyberster Concept even before the 2021 Shanghai Auto Show. It’s a futuristic project, bearing an emphatic design and, quite frankly, looking inviting and polarizing – the perfect components to capture the world’s attention.

The Chinese-British automaker appears to be successful in doing so . The media was talking about that project, which made people wonder if this concept would ever reach mass production. As it turns out, MG had plans to do this project, but they need your help. Yes, dear reader.

Building on the popularity of the roadster concept , the SAIC-owned auto brand launched a campaign to secure the future of the Cyberster as a successful crowdfunding production tool—like the Kickstarter campaign, and SAIC designed a business model it called the Cyber ​​Club.

Dubbed MG CyberCUBE, the business model aims to engage interested parties in financing Cyberster’s production. MG is seeking access to 5,000 shares to start producing the electric car, with each share priced at 1,000 Chinese yuan, or about $154.

Dear reader, you have until July 31, 2021 to contribute to this crowdfunding campaign. MG said interested parties will only need to log into the MG CyberCUBE platform and make a payment for one share.

MG called the stock “Dream Gold”. SAIC said that once you reach the goal, you can consider the car launched and that amount will be your deposit. In the event that the campaign does not reach its goal of 5,000 shares, MG will refund the amount to the donor.

Despite everything, according to the report, the automaker has not shared with us any information about which platform one can access in the MG CyberCUBE. And how can we buy the shares that you want SAIC or MG.

Apparently they are running a test balloon before launching the app or giving us more information. This may be a reason for the failure of this campaign to finance the hugely popular Roadstar dream car. Will this campaign and this business model be successful, as we see in the coming days?

It is worth noting that the Cyberster was developed by the MG Advanced Design Center team in the British capital, London, and it is distinguished as a two-door and two-seater sports car that recalls the brand’s long-standing heritage, this futuristic roadster takes design cues from the classic MGB which prevailed last year, while clearly showing MG’s forward-looking line of thinking.

The Cyberster delivers supercar-level performance with an all-electric MG vehicle. Intelligent electrical engineering is distinguished by the fact that it provides a distinctive driving range for an electric vehicle (EV) with a range of 800 km (500 miles), and it accelerates from 0 to 100 km/h (0-62 mph) in less than three seconds. It will also enjoy the latest 5G communication technology. In addition, the collaboration between MG and Bilibili E-sports has resulted in the joint innovation of the automotive industry’s first electric super sports cockpit for the Cyberster.

The Cyberster features a bold and eye-catching exterior, featuring classic MG headlights paired with a slim grille design and interactive ‘Smart Eye’ headlights that open when turned on. Another distinguishing detail is the ‘laser belt’ LED lighting strip on the lower side of the vehicle and the door graph, which follows the direction of the LED lighting line.

On the other hand, the car’s aggressive, sporty side profile features a distinctive two-stage shoulder line, with a flat rear ‘kamm tail’ pattern. The tail lights come with an LED structure, which integrates flatly into the rear of the car, reflecting a digital image that emulates the ancient British heritage of MG.

In fact, I am amazed that MG designed this model. It is similar to the fundraising operations that take place on screens, with the difference that MG will actually return the value of the shares to the buyers in the event that the quorum is not completed for five thousand shares, sufficient to start the production of the Roadster, which seems to be dependent on financing from one point of view. theoretical.