Paris Auto Show Highlights: European Comeback and Chinese Expansion
The 2024 Paris Auto Show showcases a strong return of European automakers alongside a significant presence of Chinese brands vying for market share.
- The Paris Auto Show, closing on October 20, 2024, features 47 automakers, marking a resurgence of European brands after previous low attendance.
- Renault stands out with the debut of the electric Renault 4 E-tech, sharing 68% of its components with the Renault 5, both manufactured in northern France.
- Nine Chinese automakers, including BYD and Leapmotor, present their latest models, reflecting their strategic push into the European market amid new import taxes.
- BYD introduces the Sealion 7 SUV and the high-performance Yangwang U8 SUV, showcasing advanced electric vehicle technology and luxury features.
- Despite a shrinking French car market, Chinese brands aim to establish a strong presence, leveraging innovative designs and competitive pricing.