Electric vehicles are key battleground at Shanghai Auto Show – EQ Mag
China was the road to the future for foreign brands at the Shanghai Auto Show on Tuesday, who are racing to catch up with Chinese competitors in the crucial electric vehicle market.
China was the road to the future for foreign brands at the Shanghai Auto Show on Tuesday, who are racing to catch up with Chinese competitors in the crucial electric vehicle market. “China is the place to be,” BMW executive Frank Weber told a news conference.”Munich is where we come from, but China is where we are at home.
” “What moves Chinese customers today will move the world tomorrow,” another BMW executive, Oliver Zipse, told the audience as he presented the i Vision Dee, a colour-changing electric sports sedan.
An earlier news release said its brands would present 20 electrified models at the show, with the Volkswagen ID.7 and new Cayenne Porsche getting their world premieres. “A strong position in China strengthens our global competitiveness.”
Elon Musk’s Tesla, the biggest seller of electric cars globally, is not attending, and a representative did not say why it was a no-show when contacted by AFP. EVs make up a quarter of car sales in China, the world’s largest car market headtopics.com
Opposite BMW in the exhibition hall, China’s BYD unveiled a series of new electric models that included a supercar from its high-end Yangwang brand.
Source: PTI
