New energy vehicles have drawn wide attention at the 22nd Guangzhou International Automobile Exhibition that opened in south China's Guangdong Province on Friday.
Under the guidance of national policies, an increasing number of affordable new energy vehicles have started to feature higher-level configurations.
"I took a stroll and found many highlights, with a lot of price advantages as well. Moreover, with national policies and various subsidies in place. I feel now is a great time to buy a new energy vehicle," said a consumer.
"Taking advantage of the platform of the automobile exhibition, we launched our latest products and new technologies. By promoting consumption both online and offline, we aim to achieve a spillover effect where the whole is greater than the sum of its parts. Based on past experience, our sales at the automobile exhibition are typically three to five times higher than usual," said Qiu Liangpin, an exhibitor.
Zhao Yang, vice chairman of the Automotive Committee of the China Council for the Promotion of International Trade, said that 10 years ago, new energy vehicles were still in the early stages of development; now, they have become the main focus of the auto show.
"This year, the public finance departments at the national, provincial, and municipal levels have all allocated special subsidy funds to promote trade-in programs. Meanwhile, car manufacturers are launching various incentive activities for vehicle purchase. In addition, financial institutions have introduced exclusive financial services to benefit consumers, continually energizing both supply and demand in the automotive industry. It is expected that the production and sales of new energy vehicles will exceed 12 million units this year," Zhao said.
New energy vehicles draw attention at Guangzhou Int'l Automobile Exhibition
