You’ll Gasp When You Hear How Many Chinese EVs You Can Buy For the Price of a Single US Car

Reuters found the average new car in the U.S. costs $51,456, while more than 200 EVs and hybrids in China sell for under $25,000.

Five top-selling Chinese EVs start below $12,000 each, and their combined price is about the same as the U.S. average new-car price.

The gap highlights China’s manufacturing edge in EVs and the pressure on U.S. automakers that have leaned toward larger, pricier vehicles.

It also points to the shrinking U.S. sedan market as Chinese brands offer cheaper options at scale.