China's Dominance in Electric Cars and Batteries Showcased at Shanghai Auto Show.
TL;DR
China's auto market is shifting towards an electric future, with China-made brands leading in key segments, powered by new electric-drive models that are gaining share at home and overseas. BYD, in particular, has seen sales in China rise almost 69% this year, giving it an 11% share of the overall car market, more than the Volkswagen brand or the Toyota brand. The rise of Chinese automakers in the EV and plug-in hybrid market has left established global brands such as Volkswagen, General Motors, Honda, and Nissan struggling to keep up.
- China's electric car drive, led by BYD, leaves global brands behind Yahoo Finance
- Shanghai Auto Show highlights intense electric car competition in China Autoblog
- What does the Shanghai Auto Show have in store for Chinese consumers? South China Morning Post
- Japan's automakers put spotlight on EVs at Shanghai auto show Automotive News
- EV batteries: Can the West catch up with China? DW (English)
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