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    <title>Aaj TV English News - Business &amp; Economy</title>
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    <language>en-Us</language>
    <copyright>Copyright 2026</copyright>
    <pubDate>Tue, 28 Apr 2026 15:01:19 +0500</pubDate>
    <lastBuildDate>Tue, 28 Apr 2026 15:01:19 +0500</lastBuildDate>
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      <title>For the average price of a car in the US, you could buy 5 new Chinese EVs</title>
      <link>https://english.aaj.tv/news/330457558/for-the-average-price-of-a-car-in-the-us-you-could-buy-5-new-chinese-evs</link>
      <description>&lt;p&gt;&lt;strong&gt;The Beijing Auto Show that opened to the public this week is a showcase for how hypercompetition 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.&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;The contrast is stark.&lt;/p&gt;
&lt;p&gt;The average new car in the ‌US in March had a list price of $51,456, according to Kelley Blue Book.&lt;/p&gt;
&lt;p&gt;In China, there are more than 200 battery-powered models, including hybrids, for sale at less than the equivalent of $25,000, according to DCar, an information and trading platform.&lt;/p&gt;
&lt;p&gt;Reuters compiled a list of the five best-selling electric vehicles in China that start under $12,000 using ​DCar data.&lt;/p&gt;
&lt;p&gt;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.&lt;/p&gt;
&lt;p&gt;The pure electric Geely EX2 was the top-selling model domestically for any kind of vehicle in 2025.&lt;/p&gt;
&lt;p&gt;The small EV comes with ​a bevvy 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.&lt;/p&gt;
&lt;p&gt;The top-trim version has a range of about 255 miles on the Chinese test standard.&lt;/p&gt;
&lt;p&gt;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.&lt;/p&gt;
&lt;p&gt;“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.”&lt;/p&gt;
&lt;h3&gt;&lt;a id="wuling-hongguang-miniev-starting-price-6560" href="#wuling-hongguang-miniev-starting-price-6560" class="heading-permalink" aria-hidden="true" title="Permalink"&gt;&lt;/a&gt;&lt;strong&gt;Wuling Hongguang MiniEV: Starting price, $6,560&lt;/strong&gt;&lt;/h3&gt;
&lt;p&gt;Of the top-selling ​budget EVs, the MiniEV leans heaviest on the cheap-but-cheerful aesthetic of older, low-cost cars.&lt;/p&gt;
&lt;p&gt;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.&lt;/p&gt;
&lt;p&gt;You could park two of the previous-generation MiniEVs in the space needed for a regular Ford F-150, the top-selling US vehicle.&lt;/p&gt;
&lt;p&gt;Marketed for its cute quotient and cost, the basic model has a top speed equivalent to just 62 miles per hour and a China-rated battery range of just 127 miles.&lt;/p&gt;
&lt;p&gt;Wuling also has a larger ​subcompact EV that starts at just ​over $8,000 in China.&lt;/p&gt;
&lt;p&gt;The retro-looking ⁠Bingo Pro is designed for highway travel with a battery range of 250 miles based on Chinese testing standards.&lt;/p&gt;
&lt;p&gt;BYD Seagull: Starting price: $10,200&lt;/p&gt;
&lt;p&gt;BYD Yuan UP: Starting price: $10,945&lt;/p&gt;
&lt;p&gt;BYD Qin Plus DM: Starting price: $11,675 (not pictured)&lt;/p&gt;
&lt;p&gt;BYD (002594.SZ), is China’s biggest ​player in small EVs.&lt;/p&gt;
&lt;p&gt;The firm’s top three models starting under $12,000 accounted for 700,000 vehicle sales over ​the past 12 months ⁠in China.&lt;/p&gt;
&lt;p&gt;The Seagull was an immediate sensation when it was released three years ago, stunning analysts with its performance, styling and above all, its price.&lt;/p&gt;
&lt;p&gt;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 314 miles on the premium version, according to Chinese testing standards.&lt;/p&gt;
&lt;p&gt;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.&lt;/p&gt;
&lt;p&gt;Some drivers complained it did not ​handle heavy rain.&lt;/p&gt;
&lt;p&gt;The 2026 model gets a standard set of two wipers.&lt;/p&gt;
</description>
      <content:encoded xmlns="http://purl.org/rss/1.0/modules/content/"><![CDATA[<p><strong>The Beijing Auto Show that opened to the public this week is a showcase for how hypercompetition 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.</strong></p>
<p>The contrast is stark.</p>
<p>The average new car in the ‌US in March had a list price of $51,456, according to Kelley Blue Book.</p>
<p>In China, there are more than 200 battery-powered models, including hybrids, for sale at less than the equivalent of $25,000, according to DCar, an information and trading platform.</p>
<p>Reuters compiled a list of the five best-selling electric vehicles in China that start under $12,000 using ​DCar data.</p>
<p>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.</p>
<p>The pure electric Geely EX2 was the top-selling model domestically for any kind of vehicle in 2025.</p>
<p>The small EV comes with ​a bevvy 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.</p>
<p>The top-trim version has a range of about 255 miles on the Chinese test standard.</p>
<p>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.</p>
<p>“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.”</p>
<h3><a id="wuling-hongguang-miniev-starting-price-6560" href="#wuling-hongguang-miniev-starting-price-6560" class="heading-permalink" aria-hidden="true" title="Permalink"></a><strong>Wuling Hongguang MiniEV: Starting price, $6,560</strong></h3>
<p>Of the top-selling ​budget EVs, the MiniEV leans heaviest on the cheap-but-cheerful aesthetic of older, low-cost cars.</p>
<p>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.</p>
<p>You could park two of the previous-generation MiniEVs in the space needed for a regular Ford F-150, the top-selling US vehicle.</p>
<p>Marketed for its cute quotient and cost, the basic model has a top speed equivalent to just 62 miles per hour and a China-rated battery range of just 127 miles.</p>
<p>Wuling also has a larger ​subcompact EV that starts at just ​over $8,000 in China.</p>
<p>The retro-looking ⁠Bingo Pro is designed for highway travel with a battery range of 250 miles based on Chinese testing standards.</p>
<p>BYD Seagull: Starting price: $10,200</p>
<p>BYD Yuan UP: Starting price: $10,945</p>
<p>BYD Qin Plus DM: Starting price: $11,675 (not pictured)</p>
<p>BYD (002594.SZ), is China’s biggest ​player in small EVs.</p>
<p>The firm’s top three models starting under $12,000 accounted for 700,000 vehicle sales over ​the past 12 months ⁠in China.</p>
<p>The Seagull was an immediate sensation when it was released three years ago, stunning analysts with its performance, styling and above all, its price.</p>
<p>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 314 miles on the premium version, according to Chinese testing standards.</p>
<p>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.</p>
<p>Some drivers complained it did not ​handle heavy rain.</p>
<p>The 2026 model gets a standard set of two wipers.</p>
]]></content:encoded>
      <category>Business &amp; Economy</category>
      <guid>https://english.aaj.tv/news/330457558</guid>
      <pubDate>Tue, 28 Apr 2026 11:49:38 +0500</pubDate>
      <author>none@none.com (Reuters)</author>
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        <media:title>Visitors check a BYD Seagull electric vehicle (EV) displayed at the Beijing International Automotive Exhibition, or Auto China, in Beijing, China. -- Reuters</media:title>
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