BEIJING — Global automakers and EV startups unveiled new models and concept cars at China's largest auto show on Thursday, with a focus on the nation's transformation into a major market and production base for digitally connected, new-energy vehicles.
An executive from Chery, a more traditional Chinese maker, offered a more moderate perspective. Li Xueyong, a deputy general manager, said they envision a future of 40% fuel vehicles, 30% hybrids and 30% electric. The company plans to develop both fuel-powered and new-energy cars. Chinese makers are making inroads in Europe too, raising concern in some countries that they pose a potential threat to European automakers and jobs. The EU is weighing whether to impose tariffs on China-made EVs because of government subsidies that drove the industry's growth.
“This market has become something of a fitness center for us,” he said. “We have to work harder and faster to keep.” Likely aiming at a somewhat older audience, the company said its new EX30 electric SUV has an audio system and tablet screen that are easy to operate and uses sustainable fabrics in its interior.