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The Beijing Auto Show, which has been postponed for five months, finally officially opened today. According to media statistics, less than 10 new car-building forces participated in the 2020 Beijing Auto Show, while as many as 17 car-building enterprises participated in the 2019 Shanghai Auto Show.

Under the debate of "whether the Chinese market needs new brands or not", the new power of car building has given two different answers. NIO, Xiaopeng, Weimar and so on gave the affirmative answer for the head car manufacturing enterprises, while Boxun, Singularity, Iconic, Future and other car companies gave the negative answer in the absence.

At the auto show, NIO's pure electric supercar EP9, ES8, ES6 and EC6 constitute the lineup of participating models; Xiaopeng's P7 and G3i are also unveiled at the auto show, of which the Xiaopeng G3i is an extension of the Xiaopeng G3; Weima unveiled a brand new car concept car, the Weima MAVEN, and announced the price of the Weima EX6 Plus 6-seat version at the auto show.

Chinese American Express's first model, Gaohe HiPhiX, was unveiled and listed on the market. The new car positioning luxury medium and large pure electric supercar SUV, with a price of 68-800000 yuan, became the highest-priced model in the car-making enterprises; the new concept car Eureka 03 and the third production car, Naxi V, were also unveiled at the auto show, in which the Eureka 03 concept car was positioned as a pure electric four-door sedan, which is expected to be in production next year.

It is worth mentioning that the absence of ideal Automobile, a new power car company, is a bit of a surprise. In October last year, ideal ONE, the first model of ideal car, was officially launched, and its sales after delivery ranked among the top three of the new car-building forces. In July this year, ideal Automobile was also listed in the United States, becoming the second car company to enter the US stock market after Ulay.

Unlike the ideal car, new forces, including Aichi, Boxun, Baiteng, Singularity, Econic, Future and other new forces absent from the auto show, have been almost on the brink of bankruptcy under the pressure of a shortage of funds over the past year or so.

Among them, Boxun, which has not yet achieved mass production, is in a business crisis. In June, Huang Ximing, CEO of Boxun Automobile, sent an internal letter saying that the company had no saleable assets to solve the real problems of its employees, which was seen by the industry as an indirect statement to give up building cars.

In addition to the car companies that have not delivered in mass production, some car companies that have already delivered in mass production, including Aichi, Future, Zero, and so on, are also absent from the auto show. Among them, Future Automobile launched the pure electric sports car-K50 in 2018, the sales volume was terrible after mass production and delivery, and fell into a serious business crisis, there is no sales data at present.

These car companies, which have not yet achieved mass production or achieved mass production but have few sales, are facing tremendous operating pressure. Since the beginning of this year, almost all those who have obtained financing are head enterprises that have achieved large-scale mass production, while car-building enterprises that have no sense of existence have less and less information about financing.

At present, car manufacturing enterprises are showing polarized development. Some of the head enterprises gradually have the ability of self-hematopoiesis, while more of the car manufacturing enterprises with poor development are experiencing difficult labor and difficult financing, and are gradually eliminated by the market. With the opening of the domestic new energy market and the entry of more joint venture products, car manufacturers want to go further, or to improve their competitive strength and gain a foothold in the next round of competition.

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