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Auto Shanghai to showcase electric competition at sector's new frontier

The world's biggest auto show opens Wednesday in Shanghai, with foreign carmakers raring to show they can compete against the ultra-competitive Chinese firms that dominate the sector's new electric frontier. Analysts consider the Chinese market, the world's largest, younger-leaning and more open to novelty.
The Auto Shanghai event, held in April 2023, showcased the intense competition in the electric vehicle (EV) sector, highlighting the industry's shift towards sustainable transportation. Major Chinese automakers like BYD and NIO, alongside international giants such as Tesla and Volkswagen, presented their latest EV models and technological advancements. The event emphasized China's leading role in the global EV market, with a significant focus on battery technology, autonomous driving features, and innovative design. Additionally, the show featured discussions on the future of mobility, including smart city integration and the expansion of charging infrastructure, underscoring the rapid evolution and growing importance of the EV sector in shaping the automotive industry's future.

Read the Full legit Article at:
[ https://www.legit.ng/business-economy/economy/1651236-auto-shanghai-showcase-electric-competition-sectors-frontier/ ]