AWC 2024: Exploring Unlimited Business Opportunities in the Billion-Dollar Market of the New Energy Vehicle Industry

Shenzhen – February 2024 - China is currently leading the global race in New Energy Vehicles (NEVs), surpassing other nations in both production and exports. Furthermore, China is spearheading the electrification of vehicles worldwide, embracing the trend of carbon neutrality. This achievement is attributed to the strategic development plans and policies implemented by the Chinese government, which have significantly propelled research, development, and market adoption of NEVs. The domestic market has also provided a promising environment for Chinese automakers to innovate, adapt, and continuously improve their technology and products.

Automotive World China (AWC 2024), the global B2B expo of the new energy and intelligent connected vehicle industry, is returning to the Shenzhen International Convention and Exhibition Center from November 6th to 8th. AWC 2024 aligns with the development needs of China's intelligent vehicle industry. Guided by the Shenzhen Municipal Bureau of Industry and Information Technology, AWC 2024 aims to create an inclusive industry event that integrates design, development, manufacturing, and a supply chain of new energy and intelligent connected vehicles while leveraging the global network of RX. This integration fosters a high-frequency, efficient, and high-quality cooperation between upstream and downstream enterprises, offering new prospects for industry development.

Leveraging the Central Position of China’s NEV Market to Expand International Business Circles

As the world's largest NEV market, China serves as a crucial hub for accessing and exchanging knowledge within the global NEV industry chain. To that end, recent policy adjustments by the National Immigration Administration of China have made it more convenient for international companies to enter the Chinese market. These adjustments include implementing measures, such as visa exemption policies, simplified visa procedures, and relaxed application requirements. 

With a total 50,000 square meters of trade space, AWC 2024 aims to attract participants from over 50 countries and regions, showcasing more than 1,000 high-quality suppliers with products and technologies spanning automotive electronics, NEV core components, autonomous driving, smart cockpits, power batteries, motor electronic control, battery charging and swapping equipment, new materials, and engineering equipment. Furthermore, AWC 2024 will facilitate international market expansion by inviting 1,500 overseas buyers from ASEAN countries, Europe and the Americas. Through these efforts, the exhibition expects to attract more than 38,000 visitors including professionals of procurement, design, research and development, and quality assurance of domestic and overseas OEMs, as well as Tier 1 suppliers.

Over the three-day exhibition, a diverse array of activities will optimize procurement efficiency and foster in-depth exchange of cutting-edge technologies and industry applications. Overall, AWC 2024 aims to strengthen networks between overseas and Chinese companies, while facilitating cross-border collaboration and cooperation towards global sustainable development within the NEV industry.

High-Frequency Market Dialogue and Year-Round Support Services Equal More Business Opportunities

AWC 2024 endeavors to connect markets, match supply and demand, and maintain an ongoing industry dialogue throughout the year.

Leading up to the exhibition, the AWC team will stay in constant contact with buyers while learning their product and service needs and will subsequently coordinate one-on-one meet ups with prospective suppliers not only tailored to those specific needs but conveniently at the buyer’s own location.

During the exhibition period, customized supply-demand, matchmaking programs will focus on automotive electronics, core components, and smart cockpits. Moreover, AWC 2024 will provide real-time communication with buyers through the Targeted Attendee Program (TAP) Team, ensuring efficient, one-on-one business matching services. These year-round support services enable seamless online and offline connections, resource integration, and help exhibitors stay informed on the latest trends in the NEV industry. Ultimately, these services assist in expanding exhibitor business networks and promoting organic connections across the industrial chain's upstream and downstream sectors.

Engaging Industry Leaders for "Self-Made" Success

With the rapid development of China's NEV market, the projected penetration rate of NEVs is expected to exceed 40% by 2024. This growth reflects a global trend towards vehicle electrification in the context of carbon neutrality. How can major NEV companies develop winning strategies to stand out in the market and find optimal entry points for international expansion? How should supply chain companies timely capture emerging market trends, meet market demands, and sustain competitive advantages?

AWC 2024 positions itself as the benchmark for the NEV industry by organizing over 20 high-end forums focused on core topics, such as in-vehicle chips, EIC systems, and smart cockpits. These forums will bring together more than 100 experts from global automotive think tanks and industry leaders. They will offer insights into the latest advancements and technological trends, in addition to in-depth analysis of practical application cases that offer solutions to the challenges and pain points in technology development and product transformation. By addressing these topics, AWC 2024 aims to promote the development of differentiated and competitive new energy and intelligent connected vehicle products that reshape the NEV market landscape, injecting vitality into the industry.

Global Network of Cross-Value Chain Collaboration and Win-Win Results

AWC 2024 brings together four major industry events—automotive, electronics, display, and new materials—under one roof. This combined exhibition will occupy a total area of 160,000 square meters, promoting effective collaboration among industries, fostering cross-field cooperation, and facilitating mutually beneficial partnerships between buyers. Over 150,000 visitors from the automotive and related industries are expected to attend AWC 2024. The exhibition will not only cater to buyers’ diverse needs across multiple industry chains, but will also provide a dynamic platform for exhibitors and visitors to engage in business exchange. Through such cooperation, AWC 2024 offers a broader space for reducing costs, increasing efficiency, and expanding horizons.

Don't miss out on the opportunity to participate in AWC 2024! From November 6th to 8th, the exhibition will provide a professional platform for industry players throughout the new energy and intelligent connected vehicle industry's upstream and downstream sectors—from design and research to production and manufacturing. Take advantage of the valuable and year-round online and offline activities offered by AWC 2024 to expand your business boundaries and reach new customers. Book your booth now and stay ahead of the industry's latest developments!

Visit www.automotiveworld.cn for more information.