Automundo China

At the end of March, Chinese smartphone maker Xiaomi unveiled its first electric vehicle (EV), the SU7, igniting a spark of excitement. At the launch event, Xiaomi's founder and CEO Lei Jun, whose vision includes creating "a dream car on a par with Porsche and Tesla," said that it was a product of pushing boundaries.

Toyota Motor Corporation (Toyota) is exhibiting at the 2024 Beijing International Automotive Exhibition to showcase its efforts in China, centered around intelligence, electrification, and diversification, as part of the transformation into a mobility company. The exhibit also highlights the company's creation of new value through products and services tailored to customer needs.

Tesla had reportedly rescinded job offers to 2024 graduating students in China, offering them one month's compensation instead.

One of China's largest auto shows kicked off in Beijing on Thursday, with electric vehicle makers keen to show off their latest designs and high-tech accessories to consumers in the fiercely competitive market.

Toyota has unveiled the bZ3C and BZ3X electric vehicles designed for the Chinese market. Presented at the Beijing Auto Show in their production-spec version, the cars are expected to be launched in China within a year., Electric Vehicles News - Times Now

STORY: China's largest auto show opened in Beijing on Thursday (April 25).And the biggest names showed off their latest electric vehicles...Underlining that in the world’s largest auto market, all-electric cars are the future and there's no looking back.Automakers are set to unveil 117 new models, up from 93 at last year's show in Shanghai.And overall 278 new energy vehicles will go on display, which is seven more than last year.The show comes after sales of such cars hit a milestone in early April. Data showed they accounted for over half of cars sold in China.Shipments have been getting a boost from a year-long price war that has sapped profit margins…As automakers strive to keep up by announcing newer, cheaper models and promotions.Crowds flooded the booths of Chinese manufacturers such as BYD and industry newcomer, phone maker Xiaomi.Its CEO said locked-in orders for the sporty SU7 sedan - its first car - had hit over 75,700, and that buyers included owners of cars from brands like BMW and Audi.Foreign automakers have been scrambling to reset their China strategies and catch up with the electric shift.At the show, they touted plans to invest more in local production and research, with Japan's Nissan and Mazda unveiling cars tailored for Chinese drivers.