MG will preview the design of its forthcoming electric supermini with a new concept car that's due to be unveiled at the Goodwood Festival of Speed.

Teaser images released by MG showcase the front and rear flanks of the hatchback, hinting at a fresh design language distinct from recent models such as the 4 EV Urban and S5 EV.

A production version of the concept will arrive in showrooms next year, MG has confirmed. As previously reported by Autocar, it's expected to be called the MG 2.

MG Motor UK boss David Allison last year told Autocar that the 2 is “the obvious area of the market that’s next to happen” for the Chinese brand. 

He suggested that MG is refocusing on value for money rather than offering the outright cheapest option in each class it enters.

He said: “I think we have moved on. Not consciously, but other brands and other products have come in that are the cheapest. 

“If you look at the price of the Dacia Spring and you look at the price of the Leapmotors, that’s not the space we occupy, and I don't necessarily think it will be the space that we can occupy.

"I think our ethos has always been about value. You know, it has not necessarily been about being the cheapest; it has been about providing the most that we can for the best value for money. 

“The ZS is [Nissan] Qashqai-sized, but it's Juke money. And I dare say we will see something similar with the 2.”

Autocar understands the 2 will be based on the same Modular Scalable Platform as the 4 EV, meaning it's likely to be rear-wheel-drive.

Alongside the supermini concept, MG will show a “design vision” of an “aspirational” model at the Festival of Speed. This too will be electric, but further details are yet to emerge.