Etiqueta: EV

China's largest auto show opened in Beijing on Thursday with the biggest names showing off their latest electric vehicles (EVs), underlining how the world's largest auto market is already in an all-electric state of mind, and isn't looking back. Automakers are set to unveil 117 new models versus 93 at last year's show in Shanghai，while overall 278 new energy vehicles (NEVs) will go on display, seven more than last year, organisers said. The show, which runs through early next month, comes as NEV sales hit a milestone in early April, accounting for over 50% of cars sold in China, auto association data showed.

China's largest auto show showcases all-electric future, local brands dominate

This development follows Mercedes-Benz reducing its stake in their joint premium EV venture from 50% to 10%.

Chinese electric vehicle (EV) manufacturer BYD is set to debut its upscale brand, Denza, at the Beijing auto show, indicating a bold foray into the luxury EV market. According to Reuters, the launch of the Denza Z9GT sedan challenges established players like Mercedes-Benz in an attempt to redefine luxury for the EV generation.

BYD has dropped a very tasting looking rear-drive hot hatch concept at its Beijing show presentation today. While the Shark dual cab ute was notable for its absence, the Ocean M certainly did a great job of creating a buzz instead.

BEIJING (Reuters) -Nissan Motor and Mazda Motor unveiled new cars tailored for Chinese drivers on Thursday, signalling a fresh push by Japanese automakers to regain ground in the world's largest auto market. The models, including some concept cars, were introduced at the Beijing auto show and mark an attempt to better respond to demand from Chinese consumers for software-loaded, electric-powered vehicles. Foreign players like Nissan have lost market share in China as more nimble local manufacturers such as BYD have better targeted the tastes of younger drivers.