China’s car makers are going full throttle to increase production of electric vehicles. But as foreign rivals seek to claw back their lost market share, the road ahead looks perilous.
SHANGHAI—China’s car makers are going full throttle to increase production of electric vehicles, driving the world’s shift away from gasoline-powered cars.
But as foreign rivals seek to claw back theirElectric vehicles took the limelight at China’s premier auto fair in Shanghai this week—the first major automotive event since the pandemic began three years ago that has been accessible to both local and foreign visitors. Gathering the biggest crowds were the Chinese-brand cars.
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