Etiqueta: Huawei

These EVs will be big in China but they are also going global

China's smart NEV market has been dominated by local brands, but global auto brands have caught up, said Deutsche Bank.

Auto Shanghai 2025 leaves no doubt – China has become the epicenter of the electric automotive world. While Europe is hustling, the Americans are hustling, and the Japanese are quietly manufacturing in China, Shanghai is buzzing with the electric future. It is now the center of the automotive world. And Europe is only third, right after the USA.

China not only buys more cars than any other nation. But its manufacturers have also long since become major automotive players. Nowhere in the world is the market more dynamic than here in China, where the majority of new cars on offer are now electrically powered. While motor shows in other countries have faded into insignificance, the horsepower parade in Shanghai remains a highly regarded industry summit attended by millions of people. This time around the boot is on the other foot. Whereas

The world's auto industry is getting a shake-up from Chinese automakers that are quickly expanding across the globe, offering relatively affordable electric vehicles designed to wow car buyers with sleek designs and the latest high-tech interiors.

SHANGHAI (Reuters) -More than 70 Chinese and international automotive brands will showcase more than 100 new or refreshed models at the Shanghai auto show this week, intensifying already cutthroat competition in the world's premier market for electric vehicles and hybrids. Top-selling Chinese brands such as BYD and Geely are expected to take centre stage at the show from April 23 to May 2, while foreign automakers such as Volkswagen, Nissan, Toyota and General Motors' Cadillac brand will also jostle for attention. As a years-long consumer price war in China drags on, next-generation automated-driving features have become the next front in the battle for vehicle sales and profits.

Shanghai auto show will feature smarter models made ‘in China for China’