Global automakers and EV startups are unveiling new models and concept cars at China’s largest auto show, with a focus on the nation’s transformation into a major market and production base for digitally connected, new-energy vehicles
BEIJING — Global automakers and EV startups unveiled new models and concept cars at China's largest auto show on Thursday, with a focus on the nation's transformation into a major market and production base for digitally connected, new-energy vehicles.
Toyota and Nissan both announced tie-ups with major Chinese technology companies as they strive to meet customer demand for AI-enabled online connectivity in cars, from social media apps to autonomous driving features.
Electric vehicles accounted for about a quarter of all auto sales in China last year. Hybrids, which have trailed EVs, are expected to be a growing segment going forward.
China's largest EV maker, BYD, showed off two “dual-mode” plug-in cars that can run either solely on electricity or as hybrids. The other is a hybrid off-road SUV from its luxury Yangwang brand in the 1 million yuan-plus ($140,000) range.
“China's EVs, represented by (BYD's) Qin and Han series, have successfully realized the large-scale replacement of traditional fuel cars, and this trend is irreversible,” said Lu Tian, the head of sales for BYD's Dynasty models. The cars are named after former imperial dynasties.
An executive from Chery, a more traditional Chinese maker, offered a more moderate perspective. Li Xueyong, a deputy general manager, said they envision a future of 40% fuel vehicles, 30% hybrids and 30% electric. The company plans to develop both fuel-powered and new-energy cars.
BYD has been expanding rapidly into overseas markets, launching its
Read more on abcnews.go.com