Paris (TDI): The 2024 Paris Motor Show concluded on Sunday, showcasing a vibrant array of electric vehicles (EVs) from manufacturers across China, Europe, and the United States, as competition in the global EV market heats up.
Automakers exhibited their latest models side by side, offering visitors a unique opportunity to compare technologies, pricing, and quality directly.
Serge Gachot, director of the Paris Motor Show, noted, “People are ready to combat climate change and embrace EVs, but price remains a critical concern.”
He highlighted how Chinese manufacturers are leveraging innovation to reduce costs, positioning themselves as formidable global competitors.
Despite ongoing trade tensions and fears of tariffs on imported Chinese EVs, the demand for affordable, high-quality vehicles has outstripped protectionist sentiments.
European attendees showed a keen interest in test-driving Chinese models, with many praising their advanced features and exceptional value for money.
In response to the competitive pricing of Chinese EVs, several major European carmakers unveiled their own budget-friendly models.
Also Read: EU’s Tariffs on Chinese EVs Misstep: Bruegel
French automaker Renault introduced the Twingo E-Tech electric prototype, expected to launch in 2026 with a price tag below 20,000 euros ($21,748).
Additionally, Renault showcased its electric R4 and R5 models, while its Dacia brand highlighted the Spring model, also priced under 20,000 euros.
BMW, aiming to attract a broader audience, unveiled budget-friendly MINI models alongside premium options like the 5-door Aceman.
Also Read: EU Tariffs on Chinese EVs Threaten Innovation
Chinese EV makers are gaining attention with their cutting-edge technology and luxurious interiors at competitive prices.
A highlight at the show was the AITO 9 model, which successfully completed a 15,000-kilometer journey from Chongqing to Paris over 38 days, traversing 12 countries.
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