All articles tagged with #shanghai auto show
Chinese electric vehicle makers showcased their range, quality, and technology at the Shanghai Auto Show, raising doubts about the ability of Western companies to compete in China, the world's largest auto market. Analysts and legacy automaker executives worry about competition from Chinese companies in Europe and the U.S.
The Shanghai Auto Show is showcasing the latest EVs from Chinese automakers, which are gaining market share and capturing public attention. Car makers are getting creative with their EV designs, adding features such as in-car karaoke systems, massage chairs, and crystal balls. Chinese EV makers usually include additional features for free to add value to their EVs, which could make all the difference when it comes time to buy an EV. The focus is now on the "Wow! effect" rather than justifying the existence of EVs compared to ICE-equipped cars.
Chinese EV maker BYD showcased more electric vehicles than Tesla at the Shanghai Auto Show, solidifying its position as the EV leader in China.
Polestar has unveiled its upcoming Polestar 4, a small SUV that the company is calling an “SUV Coupé,” at the Shanghai Auto Show. The Polestar 4 will be Polestar’s fastest car yet, capable of 0-60 in 3.8 seconds from 400kW (544hp) of motor power in dual-motor configuration. The car will have bi-directional V2L capabilities and no rear window, instead featuring a camera for rear-view. The Polestar 4 will use its built-in Android Automotive OS with built-in Google functionality and will be priced at around $60k to start.
Polestar has unveiled its fourth vehicle, the Polestar 4 compact SUV, at the Shanghai Auto Show. The luxury EV will have a range of over 300 miles, a 102kWh battery, and a starting price of $60,000. It will compete with the Tesla Model Y, BMW iX, and Mercedes-Benz EQS SUV. The Polestar 4 will be available in China starting in late 2023, followed by North America in 2024. It will be the company's fastest production car to date, with a zero to 62mph sprint time of 3.8 seconds and a maximum power output of 400kW or 544 horsepower.
Ford, Volkswagen, and Luminar made announcements at the Shanghai Auto Show, showcasing new products and technology.
Chinese EV startup Li Auto plans to officially shift to all-electric vehicles (BEVs) during the Shanghai Auto Show, while continuing to make extended range EVs (EREVs). Li Auto has been outselling startup peers Nio and XPeng in the RMB 300,000 to RMB 500,000 SUV market. Shares of Li Auto rose 5.5% and Nio jumped nearly 7% on Monday ahead of the auto show. Li Auto's forthcoming BEVs are expected to be priced in the RMB 200,000-$500,000 range.
BYD, backed by Warren Buffett's Berkshire Hathaway, has announced a new shock absorption technology for its premium brand Yangwang, which stabilizes car rides through rugged terrain, sharp turns, and shallow water. The technology uses lidar sensors and is a foundation for the future development of Advanced Driver Assistance Systems (ADAS). The company has taken a cautious approach to self-driving tech, but advanced assisted driving tech has the potential to improve overall safety. The new system comes in three versions and is set for individual integration with certain BYD models.