Auto China 2024 is in the fast lane, showcasing the latest advancements and innovations in the automotive industry.
Among the most captivating exhibits are the new offerings in the New Energy Vehicle (NEV) sector, highlighting China's dedication to sustainable transportation solutions.
This year's Auto China, also known as the Beijing Auto Show, serves as a testament to China's leading position in the NEV market. With a strong focus on NEVs, Chinese carmakers are driving competition and pushing the boundaries of what electric vehicles can offer.
"Our vehicle boasts core technologies [that are globally leading], featuring a tri-motor system. Additionally, it incorporates our proprietary technology of independent rear-wheel steering. With the integration of our smart electrification platform, our vehicle has become extremely versatile," said Zhang Changjiang, general manager of Denza.
"There's a multitude of paths to explore new energy vehicles, with ongoing technological iterations in both battery swapping and quick charging technologies. We're actively promoting both avenues and we hope to gain popularity among customers," said Gu Huinan, general manager of GAC Aion New Energy Automobile.
Behind the glitz and glamor of the Beijing Auto Show lies a deeper narrative of the Chinese NEV market's pioneering trajectory.
"First of all, the China market is very competitive, very fast, very innovation-oriented and very technology-driven. These are my observations. Technology is driving new user experience, but they look into new energy vehicles, it's driving efficiency," said Joachim Fetzer, CTO of Marelli Group.
Recognizing the immense demand in NEV market, global industry players are expanding their presence to seize growth opportunities.
"What we are doing right now, actually, we are expanding our footprint here because the demand is here and we have to catch the market growth in China. China started expanding to export overseas, so the capacity increases as the demands increase," said Simon Yang, president of Aptiv China and Asia Pacific.