_beijing-auto-show-showcases-cutting-edge-innovations-in-car-design-and-features-as-chinese-automakers-expand-in-global-e.jpg "Beijing Auto Show Showcases Cutting-Edge Innovations in Car Design and Features as Chinese Automakers Expand in Global EV Market from march 24 2020 stock market Video Screenshot Preview")
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⏲ Duration: 0:41
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✓ Published: 27-Apr-2024
👁 View: 625K 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.
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.
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