Etiqueta: Xpeng

In Germany, for instance, BYD's Atto starts at a whopping $42,789, compared to a much friendlier $19,283 price tag in China.

For now, Tesla has avoided a major setback, but the days ahead will reveal whether the company's direction is sufficient to engineer a fundamental turnaround.

Global automakers including Volkswagen and Toyota came to this year's Beijing auto show looking to catch up to surging China EV makers that are dominating the world's largest auto market. The show that started this week showcased a marked shift in attitude among some foreign automakers, industry executives said. After being impressed by the bold leaps made by BYD and other Chinese automakers at last year's event in Shanghai, foreign automakers are now avidly searching for Chinese partners and announcing new tie-ups, the executives said.

Electric vehicle executives at a top car show in China were bullish on prospects for growth, despite a gruelling price war and mounting Western pressure on the industry. And even as firms face down a cut-throat price war at home and mounting regulatory pressure overseas, executives and attendees were upbeat.

China's largest auto show opened in Beijing 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. The last thing China needs is more electric cars crowding a market, driving down prices at the expense of profit. Exporting that overcapacity, however, has brought EV makers to authorities' attention.

Shanghai (Gasgoo)- From April 25 to May 4, Volkswagen Group is showcasing 17 car models at the Auto China 2024 in Beijing, where the ID. CODE concept car made

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.

Some 117 new models were unveiled – out of 278 new energy vehicles on display. It comes as EVs now account for half of all car sales in China.