Multiple recent and independent sources confirm that in China, electric vehicles (EVs) have become cheaper on average than gasoline-powered cars as of mid-2025.
True
In China, EVs are now cheaper than gas cars.
In China, EVs are now cheaper than gas cars. In the U.S., the Big Three still haven’t closed a premium that’s $14,000 per vehicle - Fortune
Source: fortune.com
At a glance
Verified September 1, 2025Key Evidence
Visual Capitalist reports the average BEV price in China is roughly 3% less than gas cars due to policy support and scale manufacturing.
visualcapitalist.comvisualcapitalist.comWhy EVs Are Now Cheaper Than Gas Cars in China
Fortune highlights that China has already made EVs cheaper than gas cars while the U.S. Market still faces a $14,000 premium per vehicle.
fortune.comfortune.comIn China, EVs are now cheaper than gas cars. In the U.S., the Big Three still...
The Atlantic notes Chinese EVs’ low prices and high tech threaten global automakers by outcompeting traditional cars.
theatlantic.comtheatlantic.comThe American Car Industry Can’t Go On Like This
The reporting
What the Evidence Shows
Several reputable sources published between July and August 2025 consistently report that the average price of battery electric vehicles (BEVs) in China is now lower than that of comparable internal combustion engine (ICE) vehicles. For example, Visual Capitalist states the average BEV costs about 3% less than the average gas car in China, attributing this to years of industrial policy support, scale manufacturing, and intense domestic competition.visualcapitalist.comvisualcapitalist.comWhy EVs Are Now Cheaper Than Gas Cars in China
Fortune and RealClearEnergy also affirm this pricing shift, highlighting China's rapid EV adoption and price competitiveness compared to markets like the U.S., where EVs still carry a significant premium.fortune.comfortune.comIn China, EVs are now cheaper than gas cars. In the U.S., the Big Three still...
realclearenergy.orgrealclearenergy.orgEVs Now Cheaper Than Gas Cars in China
The Atlantic discusses how Chinese EVs are not only cheaper but also technologically advanced, posing competitive challenges globally.theatlantic.comtheatlantic.comThe American Car Industry Can’t Go On Like This
IndexBox provides additional context on the price war in China’s EV market, emphasizing how competition and cost reductions have driven prices below those of gas cars.indexbox.ioindexbox.ioEV Price War: China's Electric Cars Cheaper Than Gas, US Lags Behind - News and...
While Reddit discussions reflect public awareness and anecdotal confirmation, they are less authoritative but consistent with the professional reports.reddit.comreddit.comr/technology on Reddit: In China, It’s Already Cheaper to Buy EVs Than Gasoline...
The New York Times article, while focused on Nepal, references China’s manufacturing influence and subsidies that have helped drive down EV costs.nytimes.comnytimes.comThe Country Where 76% of Cars Sold Are Electric
Overall, the convergence of multiple independent sources from different media types and analytical perspectives supports a high-confidence conclusion that EVs in China are now generally cheaper than gasoline cars. This is a recent development as of mid-2025 and reflects ongoing industrial policies, market dynamics, and technological advances unique to China’s automotive sector.
Primary trail
Verified Sources7
Open source