When global automakers descend on Beijing next week for Auto China, they will be laser-focused on two white-hot vehicle segments.
In one, the booming crossover and SUV market, Chinese demand is consumer-driven. In the other, the surging new-energy vehicle arena, demand is buoyed largely by generous subsidies. But automakers can't ignore either and are racing to flesh out their lineups in both.
Auto sales in China, the world's largest auto market, are forecast to grow 3 percent this year from a whopping 28.9 million vehicles in 2017. Last year, crossover and SUV sales climbed 13 percent to 10.25 million vehicles. China's vast market for electric vehicles grew 82 percent to 468,000 in 2017 and saw volume surge 164 percent this year through February.
Here is a look at what's on tap in Beijing.