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Why EVs Are Now Cheaper Than Gas Cars in China

2025-08-23 01:38:41

See this visualization first on the Voronoi app.

This Chart Shows How Cheap EVs Are in China

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Price Comparison: EVs vs. Gasoline Cars

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Key Takeaways

  • In China, electric vehicles have become more affordable than their gas counterparts
  • On the other hand, EVs in Germany and the U.S. still remain significantly more expensive

Electric vehicles (EVs) have seen rapid adoption and price shifts globally, but affordability remains uneven across countries. This visualization compares the average price of battery electric vehicles (BEVs) with traditional gas-powered cars in China, Germany, and the United States.

The chart highlights a unique reversal in China, where EVs are now cheaper than gas-powered cars on average.

The data for this visualization comes from Jato, as of the first quarter of 2025.

China Leads on EV Affordability

In China, the average BEV costs $25,465—roughly 3% less than the average gas car. This pricing advantage is a result of years of industrial policy support, scale manufacturing, and intense domestic competition.

Chinese automakers like BYD have produced budget-friendly EVs tailored for mass-market appeal, accelerating the transition to electrification. In addition, Chinese EVs usually use lithium iron phosphate batteries, which cost less than nickel-based batteries.

Country Average BEV Price (USD) Average Gas Car Price Difference
China $25,465 $26,163 -3%
Germany $63,837 $47,558 34%
United States $60,465 $46,395 31%

Western EVs Still Carry a Premium

Conversely, in both Germany and the United States, EVs remain much more expensive than gas vehicles. In Germany, the average BEV costs $63,837, compared to $47,558 for a gas car—a 34% premium. Similarly, U.S. buyers face a 31% price gap between EVs and gas cars.

The pricing gap in Western markets suggests that electrification may progress at uneven rates unless costs come down. As Chinese EV makers expand internationally, they may disrupt these markets by introducing lower-cost alternatives.

Meanwhile, automakers in Europe and the U.S. will need to balance innovation with affordability to drive mass EV adoption.

Learn More on the Voronoi App

If you enjoyed today’s post, check out Russia’s Most Popular Car Brands on Voronoi, the new app from Visual Capitalist.

Mapped: Unemployment Rate By State in 2025

2025-08-22 22:26:57

See this visualization first on the Voronoi app.

Map of unemployment rate by state

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Mapped: Unemployment by State in 2025

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Key Takeaways

  • With the national unemployment rate at 4.1%, South Dakota (1.8%) recorded the lowest unemployment rate in the country.
  • Washington D.C. (5.9%) has the highest unemployment rate in the nation, rising sharply from 5.0% in early 2024.

The U.S. labor market remains resilient in 2025, but unemployment figures vary widely by state.

While the national unemployment rate stood at 4.1% in June, some regions are experiencing far higher (or far lower) joblessness.

This visualization highlights the unemployment rate by state using data from the Bureau of Labor Statistics for June 2025.

Washington D.C. Tops Unemployment by State

Washington D.C. tops the list with the highest unemployment rate at 5.9%, as seen in the data table below with the unemployment rate of every U.S. state (and D.C.).

State Unemployment Rate (June 2025)
District of Columbia 5.9%
California 5.4%
Nevada 5.4%
Michigan 5.3%
Kentucky 4.9%
New Jersey 4.9%
Ohio 4.9%
Oregon 4.9%
Massachusetts 4.8%
Rhode Island 4.8%
Alaska 4.7%
Colorado 4.7%
Illinois 4.6%
Louisiana 4.5%
Washington 4.5%
New Mexico 4.2%
Arizona 4.1%
South Carolina 4.1%
Delaware 4.0%
Mississippi 4.0%
Missouri 4.0%
New York 4.0%
Pennsylvania 4.0%
Texas 4.0%
Connecticut 3.8%
Kansas 3.8%
Arkansas 3.7%
Florida 3.7%
Iowa 3.7%
North Carolina 3.7%
West Virginia 3.7%
Idaho 3.6%
Indiana 3.6%
Georgia 3.5%
Tennessee 3.5%
Virginia 3.5%
Maine 3.3%
Maryland 3.3%
Minnesota 3.3%
Wyoming 3.3%
Alabama 3.2%
Utah 3.2%
Wisconsin 3.2%
New Hampshire 3.1%
Oklahoma 3.1%
Nebraska 3.0%
Hawaii 2.8%
Montana 2.8%
Vermont 2.6%
North Dakota 2.5%
South Dakota 1.8%
United States 4.1%

The capital’s high rate marks a significant jump from 5.0% in early 2024, suggesting rising challenges in the capital’s job market amidst Trump’s layoffs across federal agencies.

Nevada (5.4%) and California (5.4%) follow closely behind, reflecting persistent difficulties in sectors like tourism, entertainment, and technology.

Michigan (5.3%) also ranks among the hardest hit, driven by weakness in manufacturing.

The States with the Lowest Unemployment Rates

At the other end of the spectrum, South Dakota recorded the lowest unemployment rate at just 1.8%.

North Dakota (2.5%) and Vermont (2.6%) also reported very low levels of unemployment, underscoring the relative strength of smaller state economies.

Montana and Hawaii, both at 2.8%, round out the bottom five, showing stability even in some tourism-driven markets.

While the U.S. national unemployment rate of 4.1% is slightly above the lows seen during the post-pandemic recovery, the range between the highest and lowest states—more than four percentage points—illustrates the uneven nature of the labor market in America.

Learn More on the Voronoi App

To learn more about the challenges Americans are facing, check out the graphic on the cost of the American dream on Voronoi, the new app from Visual Capitalist.

Chart: What Powered the World in 2024?

2025-08-22 20:05:36

See this visualization first on the Voronoi app.

Pie chart showing the global energy mix in 2024.

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The Global Energy Mix in 2024

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Key Takeaways

  • Global energy demand increased 2% to reach an all-time high of 592 exajoules (EJ) in 2024.
  • Non-fossil fuels grew 7% year-over-year, bringing their share of the global energy mix to 13.5%.

Global energy use rose to 592 EJ in 2024, marking a new record in demand.

While cleaner technologies continue to expand, traditional energy sources still form the backbone of the global energy system. At the same time, the Asia Pacific region drove 68% of demand growth, reflecting the region’s rapid economic momentum and industrialization.

This chart shows the global energy mix in 2024, based on data from the Energy Institute.

Fossil Fuels Underpin the Global Energy Mix

Last year, oil, coal, and natural gas together supplied 86.7% of global energy needs.

Oil remained the dominant energy source, accounting for 199 EJ, or 33.6% of global supply. In 2024, average oil prices declined by 3%, though they were still 27% higher than in 2019. The U.S. held its position as the world’s largest producer, contributing roughly one-fifth of total output.

Coal followed at 27.9%, supported by increased consumption in emerging economies. Natural gas, though cleaner than coal, supplied 25.2%, rounding out the fossil fuel trio.

Energy Source 2024 Total Energy Supply (EJ) Share
Oil 199 33.6%
Coal 165 27.9%
Natural gas 149 25.2%
Nuclear energy 31 5.2%
Hydroelectricity 16 2.7%
Other renewables 33 5.6%
Total 592

It’s also worth noting that low-carbon energy sources are growing at a meaningful pace.

In 2024, their combined share rose to 13.5%, supported by a 7% annual increase. Wind and solar stood out in particular, growing by 16% to remain the fastest-rising energy sources worldwide.

Moreover, nuclear energy accounted for 5.2% of supply, with France and Japan responsible for nearly two-thirds of its growth as long-idled plants were brought back online.

Rising Global Electricity Demand

As AI infrastructure continues to drive demand for power, electricity consumption increased across all regions.

Overall, global electricity demand expanded at twice the pace of total energy demand, powered largely by renewables. From a regional standpoint, Asia Pacific (+5.4%) and the Middle East (+5.3%) witnessed the fastest growth in demand in 2024.

Learn More on the Voronoi App

If you enjoyed today’s post, check out this graphic on global oil trade flows in 2024 on Voronoi, the new app from Visual Capitalist.

Destinations Where Tourists Outnumber Locals

2025-08-22 01:33:01

See this visualization first on the Voronoi app.

Map showing where tourists outnumber locals the most

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Destinations Where Tourists Outnumber Locals

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Key Takeaways

  • Microstates and small territories dominate the list, with Andorra averaging over 52 tourists per resident and Macao at 24.
  • Tourism brings economic benefits but can also spark local concerns over overdependence and lifestyle impacts.

The data for this map comes from UN Tourism. It compares the number of annual tourist arrivals with resident population, producing a “tourists per resident” measure. This ratio is a useful lens for understanding the intensity of tourism pressure on a destination.

Malta, for example, welcomes 3.56 million visitors per year, over six times its population.

Worth noting that our map excludes the Vatican, the world’s smallest sovereign nation, which has around 800 residents but can receive over 6 million visitors per year—equivalent to roughly 7,500 tourists per resident.

Microstates Lead the Rankings

Andorra tops the list with more than 52 tourists per resident each year, followed by Macao at 24. These microstates have limited populations but high visitor appeal, from Andorra’s ski resorts to Macao’s casinos.

Country Tourist Arrivals (millions) Population (thousands) Tourists per Resident
Andorra 4.17 80 52.13
Macao SAR 16.4 680 24.12
Turks & Caicos 0.73 40 18.25
Aruba 1.42 110 12.91
British Virgin Islands 0.31 30 10.33
Cook Islands 0.17 20 8.5
Malta 3.56 520 6.85
Cayman Islands 0.44 70 6.29
N. Mariana Islands 0.23 50 4.6
Bahamas 1.87 410 4.56
Guam 0.74 170 4.35
Albania 11.29 2800 4.03
Montenegro 2.45 620 3.95
Maldives 2.05 520 3.94
Bahrain 6.62 1780 3.72
Austria 32.2 9000 3.58
Seychelles 0.35 100 3.5
Greece 35.95 10400 3.46
Cyprus 4.04 1200 3.37

Island Economies Depend on Visitors

Places like Turks and Caicos, Aruba, and the British Virgin Islands each see more than 10 tourists for every local resident. Their economies rely on hospitality, cruise arrivals, and luxury travel. This dependency, however, means global shocks—like pandemics or hurricanes—can have outsized impacts.

Tourism Pressure on Larger Nations

Even mid-sized countries like Austria and Greece see tourist ratios above 3 per resident. Albania, with 11.29 million visitors, stands out as the only large-population country in the top rankings for tourists per resident.

Learn More on the Voronoi App

If you enjoyed today’s post, check out The 25 Richest Countries in the World (Depending on What’s Measured) on Voronoi, the new app from Visual Capitalist.

Ranked: U.S. Cities With the Highest Cost of Living

2025-08-21 22:44:30

See this visualization first on the Voronoi app.

Map showing the top 20 U.S. cities with the highest cost of living.

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Ranked: U.S. Cities With the Highest Cost of Living

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Key Takeaways

  • New York City is the most expensive place to live in America.
  • Ranking in second is San Francisco, where prices are about 15% cheaper than in the Big Apple.

The cost of living can vary dramatically in America, and for people relocating or comparing expenses, these differences matter.

This infographic ranks the top 20 U.S. cities with the highest cost of living in 2025, based on data from Numbeo.

New York City Sets the Benchmark

How do living costs actually compare across America?

With New York City as the baseline (index = 100), the table below show how expensive major cities are relative to the nation’s priciest metro. It ranks U.S. cities based on the average prices for groceries, transportation, dining, utilities, and rent as of mid-year 2025.

Rank City Cost of Living Plus Rent Index
1 New York, NY 100
2 San Francisco, CA 85.3
3 Boston, MA 81.2
4 San Jose, CA 80.4
5 Honolulu, HI 78.5
6 Washington, DC 78.1
7 Seattle, WA 75.1
8 San Diego, CA 73.5
9 Miami, FL 71.7
10 Los Angeles, CA 70.6
11 Chicago, IL 64.6
12 Sacramento, CA 63.2
13 Denver, CO 62.4
14 Nashville, TN 60.4
15 Philadelphia, PA 59.6
16 Portland, OR 59.5
17 Tampa, FL 59.2
18 Charlotte, NC 57.8
19 New Orleans, LA 57.7
20 Dallas, TX 57.5

New York City tops the list, home to the highest number of millionaires in the world.

The city is often used as a global cost-of-living benchmark due to its high concentration of amenities, wages, and housing demand. For perspective, renting a one-bedroom in central New York City costs an average of $4,107 in 2025. Meanwhile, average living expenses for a single person add another $1,700 monthly.

San Francisco ranks second at 85.3, driven by tech-sector wages and high housing demand. San Jose (80.4) and San Diego (73.5) also reflect the premium cost of living near Silicon Valley and along the Pacific coast.

By contrast, Dallas and New Orleans offer significantly lower living costs, with daily expenses more than 40% lower than in New York City.

Learn More on the Voronoi App

If you enjoyed today’s post, check out the graphic on the cost of the American dream on Voronoi, the new app from Visual Capitalist.

Ranked: States Where Americans Are Struggling the Most Financially

2025-08-21 20:11:23

See this visualization first on the Voronoi app.

Rank showing where Americans are Struggling the Most Financially

Use This Visualization

Ranked: Where Americans Are Struggling the Most Financially

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Key Takeaways

  • Southern states dominate the list of places where Americans are in the most financial distress.
  • Texas, Florida, and Louisiana rank highest due to high distress rates and rising bankruptcy filings.

Americans across the country are facing increasing financial pressure. This visualization ranks all 50 U.S. states by a composite score of financial distress indicators. The data includes number of accounts in distress, bankruptcy trends, and even online search behavior for debt-related terms between March 2024 and March 2025.

The data for this visualization comes from WalletHub.

The South Leads in Financial Struggles

Texas tops the list as the most financially distressed state, followed by Florida, Louisiana, Nevada, and South Carolina. These states consistently rank poorly across multiple indicators, particularly in the number and average count of distressed accounts.

Rank State People with Accounts in Distress Avg # of Accounts in Distress Change in Bankruptcy Filings (2025 vs. 2024) “Debt” Search Interest Index “Loans” Search Interest Index
1 Texas 8 7 6 13 5
2 Florida 1 2 5 32 25
3 Louisiana 7 1 31 22 2
4 Nevada 9 13 15 11 8
5 S. Carolina 2 4 34 22 5
6 Oklahoma 16 19 28 6 3
7 N. Carolina 4 8 20 32 20
8 Mississippi 14 15 35 46 1
9 Kentucky 3 3 43 27 10
10 Alabama 10 17 38 27 4
11 Arizona 26 25 14 6 16
12 California 5 6 8 42 47
13 Georgia 6 10 48 16 8
14 Delaware 18 23 16 22 12
15 Indiana 28 33 27 1 20
16 Ohio 29 26 18 10 12
17 Tennessee 11 16 41 22 12
18 Virginia 21 21 33 3 25
19 New York 27 29 37 4 10
20 Arkansas 12 14 45 16 12
21 Colorado 40 37 3 27 34
22 Iowa 19 11 13 38 23
23 Idaho 46 41 4 16 28
24 Connecticut 15 5 19 45 45
25 Missouri 17 22 46 13 7
26 Kansas 22 18 36 22 16
27 N. Hampshire 24 28 2 40 45
28 Minnesota 32 27 9 27 34
29 Montana 41 35 26 11 32
30 Massachusetts 20 12 10 42 47
31 Utah 35 32 21 9 28
32 Pennsylvania 30 34 24 27 23
33 Nebraska 13 9 42 42 38
34 North Dakota 47 45 40 2 19
35 Wyoming 49 48 11 6 22
36 Washington 44 49 7 13 41
37 Illinois 39 31 30 16 32
38 S. Dakota 23 20 50 4 30
39 Rhode Island 48 47 1 40 37
40 Michigan 45 42 39 16 18
41 Wisconsin 36 39 22 36 25
42 Maryland 33 36 29 32 41
43 Maine 34 44 12 38 41
44 New Jersey 31 30 32 36 44
45 West Virginia 25 24 44 32 38
46 New Mexico 38 43 17 49 30
47 Oregon 37 46 23 47 38
48 Alaska 43 38 49 16 34
49 Vermont 50 50 25 48 49
50 Hawaii 42 40 47 50 50

Texas, for example, ranks 8th for the number of people in distress and 7th for the average number of distressed accounts. Louisiana ranks 1st in average accounts in distress.

Western and Northeastern States Fare Better

In contrast, many northern and western states rank near the bottom of the distress scale. Hawaii, Vermont, Alaska, and Oregon round out the bottom five, indicating less financial stress overall.

These states tend to show lower bankruptcy increases, fewer accounts in distress, and less debt-related search interest. Notably, Vermont ranks last in the number of people and accounts in distress.

Averaging a distress rank of 32.95, Republican-leaning states are experiencing significantly more financial hardship than Democrat-leaning states, which average a much lower rank of 20.94.

Learn More on the Voronoi App

If you enjoyed today’s post, check out Mapped: The Income Needed to Join the Top 1% in Every U.S. State on Voronoi, the new app from Visual Capitalist.