How much is the VW id4 in China?
SAIC-Volkswagen reduced the price of the ID. X electric crossover in China by 13% to 139,900 yuan (19,200 USD). The EV now sells nearly 30% cheaper than its 2021 launch price of 193,900 yuan (26,700 USD). Although the ID. EV in the US in January, it lost eligibility for the $7,500 federal EV tax credit shortly after and has struggled since. Volkswagen has been offering huge discounts to compensate, dropping ID.
Are Chinese cars worth buying?
Some, like the Omoda 9, may be just what you’re looking for – but like any car, it’s best to take them for an extended test drive first so you know just what you’re getting into. Chinese cars are absolutely worth investigating – you could save a packet and get your hands on something very good indeed. The short answer: Yes, but be smart about it Chinese cars are popular because they’re legitimate contenders that often leave you wondering how they packed so much kit into such reasonable price tags. But like any relationship, it’s about choosing the right match and knowing what you’re getting into.Recent industry studies show Chinese cars have dramatically closed the gap in reliability and build quality. A 2024 J. D. Power report found Chinese brands like Chery, Geely and GAC scoring near global averages for dependability.
How much does a car cost in China?
The average car price has fallen by around 19% over the past two years in China to around 165,000 yuan ($22,900). Volkswagen Polo car price in China ranges from approximately ¥90,000 to ¥120,000, depending on the model year, trim level, and region.
Why is Chinese EV so cheap?
Low labour costs in China, coupled with government subsidies and a very well-established supply chain, have given Chinese firms advantages, their rivals have claimed. A report from the Swiss bank UBS, published in late 2023, suggested that BYD alone was able to build cars 25% more cheaply than western competitors. Since 2023, BYD Auto is the largest automobile manufacturer in China by annual sales. As of 2025, BYD Auto has nine major vehicle production bases in China.