Global Auto Giants Gather in Shanghai for the First Time After the Epidemic

Global Automobile Giants Gather in Shanghai for the First Time After the Epidemic
Global Auto Giants Gather in Shanghai for the First Time After the Epidemic

The 20th Shanghai International Automobile and Manufacturing Technology Exhibition (2023 Auto Shanghai) will be held on April 18-28. The fair is the first important auto show to be held in China after the epidemic. zamIt is currently the first A-grade automobile exhibition in the world this year. It is expected that the automobile market will start to recover with the encouragement of the fair.

More than a hundred new models will be seen at the fair attended by thousands of enterprises.

First held in 1985, Auto Shanghai has become a major brand in the city as the most prestigious and influential festival of the global auto industry.

Presidents and CEOs of important multinational automobile companies such as BMW and MINI, Audi, Mercedes-Benz and Volkswagen will personally attend the fair, which is the first global economic and commercial event to be hosted by Shanghai after the pandemic.

In addition, the heads of 6 major domestic automotive groups, including Dongfeng Automotive and Shanghai Automotive, as well as the private sector automotive brands including BYD and Geely, will be present at the fair.

It is expected that the fair, where more than a hundred new models will be showcased, will once again become the focus of the global automotive industry.

In the business environment, the fair is expected to stimulate the stagnant auto market.

However, it is stated that China's automobile industry is moving from electrification to smartness, from winning by price to gaining value in the past, and from imitating foreign brands to leading the development of the industry.

According to the news on the official Wechat account of the fair, more than a thousand enterprises will participate in this year's fair, and the area of ​​​​the fair area will exceed 360 thousand square meters.

New energy-based vehicles will play a "leading role"

Brands based on new energy such as NIO and “LEADING IDEAL” will not be missing at the fair. Some new models will be launched in the world or in China.

Among Chinese brands, new models of brands such as BYD U8, Denza N7 and Geely Galaxy L7, NIO ES6, ZEEKR X and Xpeng G6 will be seen at the fair, as well as new models of joint venture brands such as Mercedes-Benz, BMW, Volkswagen and Volvo.

According to the information received, the ZEEKR X mole to be seen at the fair is expected to enter the market of developed countries in Europe in the fourth quarter of the year.

The smart era of automotive begins

With the development of new technologies such as new energy and artificial intelligence, the global auto industry is moving towards electrification, artificial intelligence and connecting to the internet. It has become a new trend of the auto industry, with more and more technology companies participating in the fair as spare parts suppliers.

2023 Auto Shanghai will mark the recovery of the market

According to the assessment made by the China Passenger Car Association (CPCA), the reopening of the auto show, which was suspended last year due to the epidemic, this year marks a critical period for the automobile industry to showcase new technology and new products, and for businesses to present new images.

It was stated that the fair will certainly create a strong platform to promote domestic automobile consumption and the order performance at the fair will also become an important indicator of the market warming.

The CPCA also expects the consumption enthusiasm of citizens to be gradually revealed, with the recovery of consumption and production after the epidemic.