Autos analysts pick who can survive China’s cut-throat EV market

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Geely Automobile Holdings Ltd,Xiaomi Corp,Market Insider

Analysts are coalescing around a few potential winners in China's car market after a 10-day auto show put ferocious competition on full display.

Investment analysts are coalescing around a few potential winners in China's car market after a 10-day auto show in Beijing put the ferocious competition on full display. The opening morning of China's biggest auto show of the year — April 25 in this case — is typically a mad rush. But this time, the sheer number of people and car launches meant movement between booths often slowed to a crawl.

Autonomous driving supplier Asensing participated in the auto show to learn about the latest industry trends while showing off its own sensors and chips in a bid to support a global expansion, said senior brand and public relations director Zhang Haizhou, noting "most people's next car is set to be much smarter." More than 110 new car models debuted at the auto show in Beijing, according to the organizers.

 

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