Etiqueta: NIO

China not only buys more cars than any other nation. But its manufacturers have also long since become major automotive players. Nowhere in the world is the market more dynamic than here in China, where the majority of new cars on offer are now electrically powered. While motor shows in other countries have faded into insignificance, the horsepower parade in Shanghai remains a highly regarded industry summit attended by millions of people. This time around the boot is on the other foot. Whereas

The world's auto industry is getting a shake-up from Chinese automakers that are quickly expanding across the globe, offering relatively affordable electric vehicles designed to wow car buyers with sleek designs and the latest high-tech interiors.

SHANGHAI (Reuters) -China's annual major auto shows have become a showcase for the rise of ever-cheaper, better-performing electric vehicles and more confident local brands in the world's biggest market for cars. But the Shanghai auto show opened on Wednesday amid deep industry-wide uncertainty over how the U.S.-China trade war could dampen demand and scramble supply chains as 100 more models launch into an already crowded market with more losers than winners. In a further complication, Chinese regulators signalled more and tougher scrutiny for smart-driving features that many automakers had seen as the next big thing in setting apart their cars from competitors just a week ago.

With China’s growing new-vehicle market in the throes of a price war, some automakers plan to build on their success with a wide array of electrified models.

This will be the 5th time for the Nio brand to participate in the Shanghai auto show, and the first time for Onvo and Firefly to make their debut at the show.

China Tightens Autonomous Car Rules Ahead Of Shanghai Auto Show, Autonomous Car Era Ends In China