Chinese Automakers Dominate All-Electric Future at Beijing Auto Show
China's premier auto show in Beijing casts a spotlight on all-electric future, dominated by local automakers, reflecting a paradigm shift in the world's largest auto market.
reuters · 2024-04-25
Beijing hosted China's largest auto show, which predicted the nation's persistent focus on an all-electric future while showing an amazing diversity of electric vehicles (EVs).
Vast Selection of EV Debuts
There will be a whopping 117 new models unveiled, up from 93 the year before, with 278 New Energy Vehicles (NEVs) taking center stage. These figures show China's continued success in green transportation, which according to recent data currently accounts for more than 50% of all automobile sales.
Local Titans Take the Lead
The crowd-pullers were Chinese manufacturers, such as Xiaomi and BYD, who emphasized their superiority over traditional manufacturing. The CEO of Xiaomi revealed that 75,723 SU7 sedans will be produced. Known for producing affordable vehicles, BYD showcased its Denza and Yangwang series in addition to introducing the Ocean-M, a brand-new all-electric hatchback.
International Competitors Make Up Ground
International automakers such as Nissan, Mazda, and General Motors unveiled models specifically tailored for the Chinese market as part of their China-centric plans. Tesla was conspicuously absent, with customer complaints marring its final showing in 2021.
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