Beijing Auto Show Showcases Cutting-Edge Innovations in Car Design and Features as Chinese Automakers Expand in Global EV Market from bps global news Watch Video
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⏲ Duration: 0:41 👁 View: 1.5M times ✓ Published: 27-Apr-2024
Description: Automakers at the Beijing Auto Show are introducing innovative design and features to their cars, such as swivel seats, large screens, and AI-enabled connectivity. The government's green-energy initiatives have transformed the auto market, with EVs accounting for 25% of new car sales in the previous year. The intense competition among EV makers has led to a price war and is expected to result in industry consolidation. Traditional automakers are adapting to keep up with the rapidly changing market.