Theme At Shanghai Auto Show Is Clear: Chinese Automakers Are Leading Electric Car Field

Published: Apr 25, 2023 17:23

Source: SMM

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The ongoing Shanghai Auto Show (April 18-27) has attracted numerous number of visitors, with local and foreign brands competing with each other in terms of both gasoline-powered and electric cars.

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A hall displaying electric cars made by NIO, Xpeng, Zeekr and dozens of other Chinese automakers was filled with visitors. This was in stark contrast with a nearby area showcasing gasoline-powered vehicles by foreign brands, which drew far less attention.

Chinese Auto Market Is Undergoing Major Shift, New Energy Vehicles Regain Momentum, Echoed by BYD’s Dominance in March Passenger Car Sales

Volkswagen made a bold forecast at the event, saying that half of the cars sold in China will be electric ones within two years, up from only 6% in 2020.

It seems that the theme at the Shanghai Auto Show is clear: Electric cars are here to stay, and Chinese automakers are leading this field.

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