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Electrification in auto industry

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Chinese electric vehicle manufacturer Xiaopeng Motors and the German automotive manufacturer Volkswagen signed a cooperation agreement last week at the Geneva International Motor Show to accelerate the development of electric vehicles, marking another step forward in the partnership established in July last year. The motor show presents an impressive assortment of electric vehicles (EVs) from emerging Chinese manufacturers and established European automakers, serving as an ideal platform to showcase the future trajectory of the automotive industry. Renault’s Scenic E-Tech secured the prestigious Car of the Year 2024, and China’s BYD Seal made it to the top finalists with its sleek design, notable performance and advanced technology. —Xinhua

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