For the average price of a car in the US, you could buy 4 new Chinese EVs
4 hours ago
- #electric-vehicles
- #auto-show
- #china-market
- The Beijing Auto Show highlights hypercompetition in China, driving new car prices to a fraction of those in the U.S., with over 200 battery-powered models under $25,000.
- The average new car price in the U.S. was $51,456 in March, contrasting sharply with budget EVs in China, such as the top-selling Geely EX2 starting at $10,060.
- Popular Chinese EVs under $12,000 include the Wuling Hongguang MiniEV ($6,560), BYD Seagull ($10,200), BYD Yuan UP ($10,945), and BYD Qin Plus DM ($11,675), with BYD leading in small EV sales.
- These small EVs offer advanced features like touchscreens and decent ranges (up to 314 miles for the BYD Seagull) but are not available in the U.S., and their prices allow buying five for the cost of one average U.S. new car.