This year’s Beijing Auto Show, which kicked off on April 24, has highlighted how fierce competition in China has driven car prices far below those in the United States.
While the average new car in the U.S. costs over $51,000, more than 200 battery-powered models in China — including hybrids — are priced under $25,000, according to DCar.
At that price gap, a buyer in China could purchase several EVs for the cost of a single new car in the U.S., underscoring the scale of the country’s auto market competition.
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