After its initial postponement in April due to the pandemic, Auto Shows are back on track in the Chinese capital.
Auto China 2020, which is scheduled to happen from September 26 to October 5, is the first major trade show of its kind since the pandemic began.
Multinational Auto companies like Ford, Nissan and BMW unveiled new electric car models for the Chinese market as the Beijing auto show opened under anti-virus controls that included holding news conferences by international video link.
China is the first major economy to start recovering from the coronavirus pandemic and the automakers are eagerly looking toward the country in order to improve revenue and reverse multi-billion-dollar losses.
The ruling Communist Party’s decision to go ahead with it reflects official confidence China, where the pandemic began in December, has the disease under control.
Jochen Goller, CEO, BMW AG, China said, “The 2020 Beijing motor show is a symbol of hope”. He further paid tribute to the medical workers who served the countries and paved the way for celebrating such a great event.
At the event, which drew 820,000 visitors in its last section in 2018, officials have ordered limits on visitors this year.
The Chinese auto industry, the largest in the world, has already bounced back to sales above pre-pandemic peaks. In August, purchases increased 6 percent compared to a year ago, while U.S. sales were down 9.5 percent.
Dozens of electric models were exhibited by global and Chinese automakers. This represents the industry’s competitiveness to fulfill Chinese government sales quotas set to promote the technology.
Branded Cars in the shows
Ford Motor Co. introduced its all-electric Mustang Mach-E SUV and Nissan Motor Co. presented the Ariya SUV in the show.
BMW has unveiled its iX3 electric SUV, which will go on sale worldwide very soon as announced by its CEO Goller. The company also made the global launch of the M3 sedan and M4 coupe, which reflects the increasing importance in the luxury markets in China.