Volkswagen, GM, Nissan adopt Chinese technology as they strive to win back EV market share

Quick Summary:

More than a dozen new EV models from foreign giants at Auto Shanghai feature the latest Chinese technologies in battery, digital cockpit and self-driving.

The market share of foreign car brands fell to 40 per cent in 2024 from 50 per cent in 2023, the China Passenger Car Association said.

The carmakers are banking on Chinese EV technologies to make their products “more electric and intelligent” so they can ramp up deliveries and catch up with indigenous brands that have seized more than 90 per cent of the EV segment over the past decade.

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Article Details

Author / Journalist: Daniel Ren

Category: Business

Markets: Hong KongChina

Topics: China Auto Cent Market Technologies Foreign Rivals Chinese Share Carmakers Show

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-01 @ 08:30:16 (18 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 286 words

Reading Time: 2 minutes read

Sentences: 7 lines

Sentence Length: 41 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 28304882

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