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BYD Dominates 2024 Shenzhen Auto Show and Spends 1.$3.8 billion

The exhibition covers an area of 200,000 square meters, attracting 200 automobile manufacturers to participate in the exhibition, with more than 1,000 models on display.。

<p><img src="https://hawk-oss.hawkinsight.com//picture//202406/1189289260_376.jpg" style="width: 100%;">The 28th Greater Bay Area Auto Show, also known as the Shenzhen Auto Show, is a major event for China's auto industry。First held in Shenzhen International Convention and Exhibition Center from June 1 to 9。- Advertising - The exhibition covers an area of 200,000 square meters, attracting about 200 car manufacturers to participate in the exhibition, showing more than 1,000 models。For technology enthusiasts, this is a unique opportunity to learn about and participate in the latest developments in the industry。Parts suppliers, technical service ice suppliers and academic research institutions were also present, further enriching the event.。China's Greater Bay Area is located in South China。including nine cities in guangdong province and two special administrative regions of hong kong and macao。Total population 86 million。- Advertising - BYD invested about 1 billion yuan in Hall 1 (1.$3.8 billion), with an indoor area of 20,000 square meters, outdoor area of nearly 30,000 square meters。The pavilion features BYD and its sub-brands Tengshi, Yangwang and Fang Chengbao.。The exhibition includes Yangw's world's first large-scale public display of floating driving technology Ang U8。In the center of the stage are BYD Seal 06 and Qin L DM-i models, which use BYD's fifth-generation DM technology。In Hall 2, Huawei HiCar booth showcased a variety of models from Aito, Stelato, Luxeed and other brands。Two Shenzhen companies, BYD and Huawei, are leading the way in China's new energy vehicle market.。In the first five months of 2024, BYD's new energy vehicle sales were 127.130,000 vehicles, ranking first in sales in China。Similarly, Huawei also became the best-selling brand among new players with the delivery of 148,098 new cars on June 4.。Geely, GAC, Xiaopeng, Weilai, Mercedes-Benz and other well-known car brands also showed their latest innovations at the event。-Advertising-The Future Auto Pioneer Conference is an important part of the exhibition and has played a key role in shaping the future of the automotive industry。Leading figures such as Lei Jun, Yu Chengdong and Li Bin discussed technical challenges and market opportunities, emphasizing autonomous technology, market insight, innovation speed and strategic layout of intelligent driving.。Their insights and discussions at the meeting highlighted the prospects of the industry and the potential for international cooperation, giving the audience a sense of hope and optimism ce about the future of the automotive industry。Shenzhen leads the country in the development of new energy vehicles。Its three-year plan is to become a world-class automotive center by 2025, with an annual output of more than 2 million new energy vehicles.。In 2023, the city's new energy vehicle penetration rate reached 67.9%, twice the national average。Editor's note: During the event, I noticed that people's interest shifted from overseas brands to local Chinese auto brands。Companies such as BYD, Weilai, Ideal Motors and Geely Automobile in particular attracted crowds.。Honda's show is surprisingly quiet。Even Altman couldn't save them。</p>

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