PICTURES

For the average price of a car in the US, you could buy 5 new Chinese EVs

Published Tue, Apr 28, 2026 · 11:11 AM
    • Visitors check the interior of the Geely EX2 at the Beijing Auto Show in Beijing, China, April 26, 2026.
    • Visitors check the interior of the Geely EX2 at the Beijing Auto Show in Beijing, China, April 26, 2026. PHOTO: REUTERS

    [BEIJING] Call it a different kind of sticker shock.

    The Beijing Auto Show that opened to the public this week is a showcase for how hyper-competition in China has driven new car prices in the world’s largest car market to a fraction of the level of the next-largest market, the US.

    The contrast is stark.

    The average new car in the US in March had a list price of US$51,456, according to Kelley Blue Book.

    In China, there are more than 200 battery-powered models, including hybrids, for sale at less than the equivalent of US$25,000, according to DCar, an information and trading platform.

    Reuters compiled a list of the five best-selling electric vehicles in China that start under US$12,000 using DCar data.

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    These small EVs aren’t available for sale in American showrooms - and may never be - but for about the price of an average new car in the US, a consumer in China could buy all five of these EVs.

    Geely EX2: Starting price US$10,060

    The Geely EX2 at the Beijing Auto Show in Beijing, China April 26, 2026. PHOTO: REUTERS

    The pure electric Geely EX2 was the top-selling model domestically for any kind of vehicle in 2025.

    The small EV comes with a bevy of nifty features: a front trunk, storage compartments throughout the cabin and a 14.6-inch central touchscreen running on a system that Geely developed. The top-trim version has a range of about 410 km on the Chinese test standard.

    Known as the “Star Wish” in China, the EX2 was a hit from its 2024 launch and Geely began sales in Brazil, Indonesia and Thailand last year.

    “When you get in, you don’t feel like you are in a small car,” auto analyst Felipe Munoz said. “It feels better in terms of quality and bigger in terms of size.”

    Wuling Hongguang MiniEV: Starting price US$6,560

    A fifth-generation Wuling Hongguang MiniEV electric vehicle at the Beijing Auto Show, in Beijing, China, April 24, 2026. PHOTO: REUTERS

    Of the top-selling budget EVs, the MiniEV leans heaviest on the cheap-but-cheerful aesthetic of older, low-cost cars.

    Wuling has stretched the micro car for 2026 to accommodate four doors and a bit more seating room in the back for adults. But the boxy city car remains tiny by American standards.

    You could park two of the previous-generation MiniEVs in the space needed for a regular Ford F-150, the top-selling US vehicle.

    Marketed for its cute quotient and cost, the basic model has a top speed equivalent to just 100 km per hour and a China-rated battery range of just 204 km.

    Wuling also has a larger subcompact EV that starts at just over US$8,000 in China. The retro-looking Bingo Pro is designed for highway travel with a battery range of 402 km based on Chinese testing standards.

    BYD Seagull: Starting price US$10,200

    A BYD Seagull displayed at the Beijing Auto Show in Beijing, China, April 26, 2026. PHOTO: REUTERS

    BYD Yuan UP: Starting price US$10,945

    Visitors check out a BYD Yuan UP displayed at the Beijing Auto Show in Beijing, China, April 26, 2026. PHOTO: REUTERS

    BYD Qin Plus DM: Starting price US$11,675

    BYD is China’s biggest player in small EVs. The firm’s top three models starting under US$12,000 accounted for 700,000 vehicle sales over the past 12 months in China.

    The Seagull was an immediate sensation when it was released three years ago, stunning analysts with its performance, styling and above all its price.

    The 2026 Seagull comes with an optional lidar remote sensing system for driving assistance including automated lane changing, a new fast-charge feature and a battery range of about 505 km on the premium version, according to Chinese testing standards.

    BYD economised on the Seagull at launch by equipping it with a single “monoblade” windshield wiper. Some analysts hailed that as a smart way to make savings. Some drivers complained it did not handle heavy rain.

    The 2026 model gets a standard set of two wipers. REUTERS

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