Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Industry

Interview: New York auto show welcomes more Chinese exhibitors: show president

April 22, 2019


Abstract : The New York International Auto Show (NYIAS) is expecting more Chinese automakers, which are indispensable to the dynamic industry and the diversified market, the auto show president said.

NEW YORK, April 20 (Xinhua) -- The New York International Auto Show (NYIAS) is expecting more Chinese automakers, which are indispensable to the dynamic industry and the diversified market, the auto show president said.

"We hope to see more Chinese exhibitors to show their products," Mark Schienberg, the NYIAS president, told Xinhua in an interview on Friday at the 2019 NYIAS.

"I think the Chinese manufacturers would do extremely well here," he said, adding that the Big Apple is an international city with diversified taste and the 119-year-old New York auto show is serving as an ideal platform to connect global carmakers and consumers "under one roof."

"The public and people who are in the market for buying a car usually start their journey in buying a car here at the New York auto show," said Schienberg.

Meanwhile, based on the feedback from the auto show, manufacturers are able to turn a design concept to actually production much quicker than before, he added.

Starting in 1900 as the first auto show in North America, the NYIAS is also one of the most well attended auto shows, attracting more than a million people every year, according to the president.

Data from Foresight Research showed that about 68 percent of the people who came last year to the New York show were 12 month intenders.

The 2019 NYIAS runs from April 19 through April 28 at the Jacob Javits Center in New York City.

The event showcases the latest in innovation and design with more than four floors filled with nearly 1,000 new cars, trucks and SUVs.

The show also features an incredible line-up of world debuts from numerous automakers around the globe.

Schienberg said automobile "is probably the best example of a real global industry" that companies from different countries can play a part, jointly contributing to the vibrant industry.

The longtime auto show organizer said he has witnessed that massive changes have taken place in the automotive industry, citing the robust development of electric vehicles (EVs) as one of the new trends.

With more manufacturers investing in producing great EVs, "you're even seeing electrification in crossovers and pickup trucks," said Schienberg, noting the booming EVs would bring a new landscape into the automotive market.

"Soon we're gonna see a major change though there are still infrastructure issues such as charging stations that have to be dealt with," he said.

An Edison Foundation report based on five independent forecasts projects that EVs will account for 30 percent of all new vehicles sales by 2030, if not before.

According to Schienberg, this year's NYIAS has two new exhibitors, Mullen and Rivian, both debuting their high-end electric vehicles in the show.

Hoping to introduce more boutique kind of companies with great technology and great design to the public, the president also said his team is working to strengthen coordination with other counterparts from the rest of the world, including Beijing and Shanghai, so automakers and car fans can enjoy the excitement from every event.

Scan the QR code and push it to your mobile phone

Keyword: auto-industry international-cooperation

Reading:

Tianhong Asset Management Co. sees profits exceed 3 bln yuan

China province sees foreign trade up 41 pct in Q1

CNPC overseas equity oil, gas output up 10 pct in Q1

China Exim Bank's B&R loans surpasses 1 trln yuan

China's power use up 7.5 pct in March

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial