China-Beijing Auto Show/Opening

Int'l automakers vie for Chinese market at 2024 Beijing Automotive Exhibition

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Shotlist


Beijing, China - April 25, 2024 (CCTV - No access Chinese mainland)
1. Visitors entering exhibition center
2. Various of vehicles on display, visitors
3. SOUNDBITE (English) Stefan Mecha, CEO, Volkswagen Passenger Cars in China (starting with shot 2):
"Because as we all know, in China, we are going from heights to heights. This year we expect already around 50 percent NEV share in the market, which is huge."
4. Various of vehicles on display, visitors
5. SOUNDBITE (English) Oliver Zipse, chairman, Board of Management of BMW:
"Since 2010, [we have invested] more than 100 billion renminbi (about 13.8 billion U.S. dollars) and we will continue to make further investment."
6. Various of vehicles on display, visitors
7. Visitors entering exhibition center for spare parts
8. Various of visitors, spare parts on display
9. SOUNDBITE (Chinese) Xia Wendi, chairman, China Machinery Industry International Cooperation Co., Ltd (starting with shot 8/ending with shot 10):
"Up to 24 percent of the exhibitors in the parts and components section are foreign companies. What's particularly worth mentioning is the rise of spare parts made by Chinese enterprises. China's high-tech firms and innovative small and medium enterprises that use special and sophisticated technologies account for more than 42 percent of the exhibitors and new energy enterprises account for 51 percent of the total."
10. Various of visitors, spare parts on display
11. Various of vehicles on display, visitors

Storyline


The 2024 Beijing International Automotive Exhibition kicked off on Thursday after a four-year hiatus, with 117 new vehicle makes debuting, a record high.

The expo is showcasing nearly 1,000 vehicles, including a surging 70 percent increase in new energy vehicles (NEVs) compared to the last edition, totaling 278, reflecting the growing importance of sustainable transportation in the country.

NEVs also account for more than 80 percent of the vehicles making debut at the expo and nearly 20 NEV brands are appearing at the event for the first time.

As the world's largest auto market, China is becoming a strategic focus for major multinational auto companies, especially in the NEV field.

This year marks the 40th year of Volkswagen's presence in the Chinese market, and the auto titan has vowed to tap the potential of the market further.

"In China, we are going from heights to heights. This year we expect already around 50 percent NEV share in the market, which is huge," said Stefan Mecha, CEO of Volkswagen Passenger Cars in China.

German carmaker BMW said they will also bump up investment in China going forward.

"Since 2010, [we have invested] more than 100 billion renminbi (about 13.8 billion U.S. dollars) and we will continue to make further investment," said Oliver Zipse, chairman of the Board of Management of BMW Group.

In addition, BMW and Mercedes jointly announced plans to set up a supercharging network in China.

Honda has launched a new NEV brand specifically for the Chinese market and Toyota and Ford have increased their investment in new energy products in China.

Besides whole vehicles, more than 500 renowned spare parts companies from 13 countries such as China, the United States, Germany, France and Japan are showcasing their wares in the spare parts exhibition area of the show.

"Up to 24 percent of the exhibitors in the parts and components section are foreign companies. What's particularly worth mentioning is the rise of spare parts made by Chinese enterprises. China's high-tech firms and innovative small and medium enterprises that use special and sophisticated technologies account for more than 42 percent of the exhibitors and new energy enterprises account for 51 percent of the total," said Xia Wendi, chairman of China Machinery Industry International Cooperation Co., Ltd.

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  • ID : 8374080
  • Dateline : April 25, 2024
  • Location : China
  • Category : economy, business and finance
  • Duration : 2'02
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  • Published : 2024-04-26 15:45
  • Last Modified : 2024-04-27 17:06:30
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  • ID : 8374080
  • Dateline : 25. April 2024
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  • Duration : 2'02
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  • Source : China Central Television (CCTV)
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China-Beijing Auto Show/Opening

Int'l automakers vie for Chinese market at 2024 Beijing Automotive Exhibition

Dateline : April 25, 2024

Location : China

Duration : 2'02

  • English
  • Français
  • العربية
  • 日本語
  • Deutsch


Beijing, China - April 25, 2024 (CCTV - No access Chinese mainland)
1. Visitors entering exhibition center
2. Various of vehicles on display, visitors
3. SOUNDBITE (English) Stefan Mecha, CEO, Volkswagen Passenger Cars in China (starting with shot 2):
"Because as we all know, in China, we are going from heights to heights. This year we expect already around 50 percent NEV share in the market, which is huge."
4. Various of vehicles on display, visitors
5. SOUNDBITE (English) Oliver Zipse, chairman, Board of Management of BMW:
"Since 2010, [we have invested] more than 100 billion renminbi (about 13.8 billion U.S. dollars) and we will continue to make further investment."
6. Various of vehicles on display, visitors
7. Visitors entering exhibition center for spare parts
8. Various of visitors, spare parts on display
9. SOUNDBITE (Chinese) Xia Wendi, chairman, China Machinery Industry International Cooperation Co., Ltd (starting with shot 8/ending with shot 10):
"Up to 24 percent of the exhibitors in the parts and components section are foreign companies. What's particularly worth mentioning is the rise of spare parts made by Chinese enterprises. China's high-tech firms and innovative small and medium enterprises that use special and sophisticated technologies account for more than 42 percent of the exhibitors and new energy enterprises account for 51 percent of the total."
10. Various of visitors, spare parts on display
11. Various of vehicles on display, visitors


The 2024 Beijing International Automotive Exhibition kicked off on Thursday after a four-year hiatus, with 117 new vehicle makes debuting, a record high.

The expo is showcasing nearly 1,000 vehicles, including a surging 70 percent increase in new energy vehicles (NEVs) compared to the last edition, totaling 278, reflecting the growing importance of sustainable transportation in the country.

NEVs also account for more than 80 percent of the vehicles making debut at the expo and nearly 20 NEV brands are appearing at the event for the first time.

As the world's largest auto market, China is becoming a strategic focus for major multinational auto companies, especially in the NEV field.

This year marks the 40th year of Volkswagen's presence in the Chinese market, and the auto titan has vowed to tap the potential of the market further.

"In China, we are going from heights to heights. This year we expect already around 50 percent NEV share in the market, which is huge," said Stefan Mecha, CEO of Volkswagen Passenger Cars in China.

German carmaker BMW said they will also bump up investment in China going forward.

"Since 2010, [we have invested] more than 100 billion renminbi (about 13.8 billion U.S. dollars) and we will continue to make further investment," said Oliver Zipse, chairman of the Board of Management of BMW Group.

In addition, BMW and Mercedes jointly announced plans to set up a supercharging network in China.

Honda has launched a new NEV brand specifically for the Chinese market and Toyota and Ford have increased their investment in new energy products in China.

Besides whole vehicles, more than 500 renowned spare parts companies from 13 countries such as China, the United States, Germany, France and Japan are showcasing their wares in the spare parts exhibition area of the show.

"Up to 24 percent of the exhibitors in the parts and components section are foreign companies. What's particularly worth mentioning is the rise of spare parts made by Chinese enterprises. China's high-tech firms and innovative small and medium enterprises that use special and sophisticated technologies account for more than 42 percent of the exhibitors and new energy enterprises account for 51 percent of the total," said Xia Wendi, chairman of China Machinery Industry International Cooperation Co., Ltd.

ID : 8374080

Published : 2024-04-26 15:45

Last Modified : 2024-04-27 17:06:30

Source : China Central Television (CCTV)

Restrictions : No access Chinese mainland

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