Brief by Shorts91NewsDesk / 02:52pm on 03 May 2025,Saturday Tech Today
At the 2025 Shanghai Auto Show, Chinese electric vehicle (EV) makers highlighted their rapid rise to global dominance. Companies like BYD, XPeng, and Geely showcased cutting-edge technologies including ultra-fast charging and autonomous systems. Backed by strong government support and innovation, EV and hybrid sales now make up over 50% of new car purchases in China. Despite growing global scrutiny—especially after incidents like Xiaomi's SU7 crash—and increasing tariffs from the U.S. and EU, Chinese automakers continue expanding overseas. Foreign giants like Volkswagen and Toyota are now localizing strategies to compete in China's booming EV market. (PC: Reuters)
