The 18th Beijing International Auto Show (referred to as the 2024 Beijing Auto Show) with the theme of "New Era and New Cars" was successfully concluded on May 4, 2024 at the Shunyi Hall of the China International Exhibition Center in Beijing, with a total exhibition area of 220000 square meters. During the 10 day period, the Shunyi Hall and Chaoyang Hall of the China International Exhibition Center attracted a total of 892000 visitors.

With the intensification of changes in the automotive industry, the development of new energy and intelligent connected vehicles in China is unstoppable. The Chinese automotive market has sufficient consumption momentum, and the combination of multiple factors has presented the unique new vitality of the 2024 Beijing Auto Show in the new era.

The 2024 Beijing Auto Show attracted well-known domestic and foreign car brands to showcase their new products with high specifications. Traditional car companies have deep roots, and new brands shine brightly. This year's exhibition features a complete range of participating brands, continuing to maintain global leadership. The exhibition showcases 117 global first cars (including 30 global first cars from multinational corporations), 41 concept cars, and 278 new energy vehicle models.

At the same time, this year's Beijing Auto Show attracted nearly 500 well-known domestic and foreign component companies and technology companies from 13 countries, including China, the United States, Germany, France, Japan, South Korea, the Netherlands, Belgium, Italy, Switzerland, Malaysia, Singapore, Vietnam, etc. The upstream and downstream enterprises of the automotive supply chain participating in the exhibition have brought the latest products and technologies, covering multiple fields such as autonomous driving solutions, intelligent cabins, operating systems, chips, LiDAR, etc. The cutting-edge technological achievements of intelligent driving and the latest development and changes in the industrial chain are at a glance. From industrialization to scale, from marketization to globalization, the supply chain relationships of the automotive industry's complete vehicle and component enterprises are also shifting from vertical to symbiosis, and the global industrial chain supply chain is being reconstructed. With the continuous development and popularization of intelligent driving technology, the automotive industry chain is facing broader development space and rare market opportunities.

International brands are actively "electrocuted"

At the 2024 Beijing Auto Show, international brands are advancing together in the path of oil and electricity, and many traditional international car companies are accelerating their electrification transformation. New products such as pure electric vehicles, extended range electric vehicles, hybrid electric vehicles, and fuel cell electric vehicles (hydrogen powered vehicles) are also being unveiled. At the same time as technological upgrades and breakthroughs, more expectations are given to the new energy vehicle industry, and the possibility of green travel is greatly extended.

New pure electric BMW i4, all-new electric MINIAceman, Mercedes Benz G580 with EQTechnology, Audi Q6 Le tron, Volkswagen ID CODE、 Volkswagen Anhui ID The UNYX, Smart Elf # 5 concept car, Cadillac IQ Aoge, Toyota bZSports Crossover Concept, Toyota bZFlexSpaceConcept, GAC Toyota Platinum 3X, Changan Mazda EZ-6, new pure electric G80 from Genesis, TAHOE Taihao from the 2025 model from the D ö lange, Lamborghini UrusPHEV, Lotus EMEYA Blooming Limited Edition, Lotus ELETRETYPE79 and other models have made global debut, interpreting the connotation of "new cars" from multiple dimensions.

At the same time, international brands are constantly making efforts in the field of intelligence, and new cars equipped with functions such as autonomous driving, artificial intelligence, and panoramic interaction are enriching the definition of cars.

A Hundred Flowers of Independent Brands Bloom

New energy has become the focus of the entire venue

At the 2024 Beijing Auto Show, the matrix of domestic brand products will be upgraded, striving for a full market layout. The continuous maturity and segmentation of underlying technologies for electrification and intelligence, as well as the further upgrading of competition, have accelerated the integration and transformation of the automotive and related industries. From January to February this year, China's new energy passenger vehicles accounted for 62% of the world's share of new energy vehicles. From April 1st to 14th, China's retail sales of new energy passenger vehicles reached 260000 units, with a market penetration rate of 50.39%, surpassing traditional fuel passenger vehicles for the first time.

In recent years, the rise of Chinese automotive brands is evident to all. From the on-site attention of the 2024 Beijing Auto Show, Chinese automobile companies have attracted countless attention, and new energy brands incubated by traditional automobile companies have also brought many new products and technologies.

Chinese automotive brands have seized the first mover advantage of intelligent connected new energy vehicles, relying on a complete industrial system, continuous innovation investment, and increasing new car development speed, product competitiveness, and market share year by year. At the 2024 Beijing Auto Show, we saw a variety of new energy vehicle products blooming, while competition was also exceptionally fierce. As the automotive industry enters a period of comprehensive transformation, car companies are also achieving efficiency improvement by reasonably reducing manufacturing costs, continuously enhancing the core competitiveness of products and brands, and increasing market share, in order to stand out in fierce competition and occupy a place.

Chinese car exports to the sea trigger global attention

Mutual benefit and win-win situation

China is the world's largest automotive market. In 2023, China surpassed Japan for the first time to become the world's largest exporter of automobiles. In 2023, the production and sales of new energy vehicles accounted for over 60% of the world's total, ranking first in the world for nine consecutive years. The continuous rise of Chinese automobile exports to the world is due to the rise of Chinese automobile brands in recent years, with both quantity and quality increasing. Not only has it laid out in the field of new energy vehicles for many years, but the development of intelligence has also accelerated year by year, bringing strong product and technological competitiveness. From the 2024 Beijing Auto Show, it can be seen that more and more foreign visitors are stopping at the exhibition booths of Chinese automotive brands, and global automotive industry professionals are turning their attention to Chinese cars.

On April 25th and 26th, 2024, a total of 163 press conferences were held at the Beijing Auto Show. On the first day of the 25th, a total of 1148 foreign media journalists from 956 institutions in 131 countries and 21812 domestic media journalists from 6395 institutions were attracted to the scene for coverage, totaling 23000 media journalists.

On the first day of this year's Beijing Auto Show Media Day, a total of 7401 dealers from overseas were attracted, and the two pavilions attracted a total of 28000 international visitors throughout the exhibition period. As the Chinese automotive industry enters a new era of globalization, the strength of Chinese independent brands is constantly increasing, and it has become a trend for Chinese cars to enter the world stage.

The current Chinese and global new energy vehicle markets are both continuously growing, with huge demand space. Intelligent connected new energy vehicles are also a product of global industrial cooperation to a certain extent, and future development requires all parties to leverage their advantages and deepen division of labor and cooperation. Through the Beijing Auto Show, China is also actively spreading its voice to the world. China will further promote the construction of a unified national market, expand high-level opening up to the outside world, continue to relax market access, promote trade and investment liberalization and facilitation, treat domestic and foreign enterprises equally, promote more extensive exchanges and cooperation between Chinese and foreign auto enterprises in capital, technology, management, talent, and other aspects, share opportunities in the Chinese market, and jointly develop and benefit in the technological revolution and industrial transformation.

Release new momentum for the transformation of the automotive industry

Today's automotive products are vastly different from the past; New Cars; It is no longer just a simple means of transportation, but a composite system that integrates various technologies. Intelligent connected new energy vehicles can be considered as a combination of mechanical, electronic, computing, perception, audio-visual, energy storage and other technologies; Large terminal;, It is the main direction for the transformation and upgrading of the automotive industry, and also an important engine for the development of new quality productivity in China. The development of the automobile industry has changed the chain supply structure of traditional automobiles, integrated electronic information technology, intelligent systems, the Internet, etc., and formed a diversified industrial pattern. The rise of new energy and intelligent connected vehicles in China has driven the upgrading and reconstruction of the Chinese automotive industry chain, becoming the foundation for cost reduction, efficiency improvement, and high-quality development of Chinese automobiles.

In addition, China is carrying out a new round of large-scale equipment updates and exchanging old for new consumer goods. The automotive industry plays a driving role in expanding investment and promoting consumption. The holding of the Beijing Auto Show can comprehensively liven up the market atmosphere, stimulate consumer enthusiasm, and unleash the consumption potential of automotive products to a greater extent. The 2024 Beijing Auto Show is not only an international platform for showcasing new technologies and products in the industry, but also a grand event for showcasing new brand images in the automotive and upstream and downstream industry chains. Driven by innovation, driven by demand, and based on quality, it has become a catalyst and trigger point for promoting domestic automotive consumption through the implementation of consumption promotion policies.

The 2024 Beijing Auto Show has received high attention and strong support from the Party Central Committee, the State Council, relevant national departments, as well as the Beijing Municipal Party Committee and Government. The Beijing Municipal Party Committee, Government, Shunyi District Committee, District Government, and relevant functional units and departments of the city and district have provided strong support.

The Beijing Auto Show has always been committed to promoting exchanges and cooperation between the Chinese and foreign automotive industries, leading industry development, and promoting automotive culture. In the new era, the 2024 Beijing Auto Show showcases the new concepts and achievements of the global automotive industry in technological innovation, comprehensively leading the development direction of the automotive industry driven by technological innovation. As a landmark brand of the Beijing exhibition industry, the Beijing Auto Show will live up to the trust of the country and the industry. By utilizing the communication function of the exhibition platform, it actively promotes cooperation between the domestic and foreign automotive industries, shares cutting-edge development trends, innovative concepts, and technological achievements in the industry, and jointly promotes the high-quality development of the automotive industry.