EV Industry

The show attracted the participation of more than 1,000 well-known global auto exhibitors, displaying 1,310 vehicles.

Earlier today there was report that smartphone giant OPPO is preparing a car-making project. In fact, this does not seem to be a surprise, judging from the patents the company has obtained in the automotive field.

In terms of market capitalization, Tesla is number one, BYD is number two, and several new carmakers are in the top 10, Skyworth founder noted, adding that the growth of Chinese electric car companies is unstoppable.

After Xiaomi, smartphone giant OPPO is also preparing to enter the car-making bandwagon, the latest report shows.

In today's China, it's no longer surprising to see tech giants announcing their entry into the car-building industry.

Auto China has been held every two years in Beijing since 1990, and has been held for 16 editions so far.

Following rumors earlier this month, Chinese appliance giant Skyworth officially announced Tuesday that it is entering the car-making world.

In the January-March period, the operating revenue of China's auto manufacturing industry rose 71.5 percent year-on-year to RMB 2.12 trillion.

BAT is the acronym for the most familiar combination of technology giants in China, where B is Baidu, A is Alibaba and T is Tencent. Baidu has already entered the car industry, while Alibaba is working with SAIC to build IM Motors, and people wonder, what about Tencent?

Jidu Auto, the car-making unit of Chinese search engine and AI giant Baidu, plans to expand its team size to 2,500-3,000 people by the end of next year, including 400-500 software engineers.