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CPCA: NEV ASP Drops by RMB23,000/ 12% in 1H25
In 1H25, the arithmetic average price reduction of discounted NEV models was RMB23,000 or 12%, while that for conventional fuel vehicles was RMB17,000 or 8.9%, according to data re...
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CPCA: NEV ASP Drops by RMB23,000/ 12% in 1H25
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In 1H25, the arithmetic average price reduction of discounted NEV models was RMB23,000 or 12%, while that for conventional fuel vehicles was RMB17,000 or 8.9%, according to data released by the China Passenger Car Association (CPCA). The overall market price cut was RMB21,000, implying a drop of 11.4%.

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