💨 Abstract

The Shanghai auto show showcases China's growing dominance in the global car market, with local manufacturers accounting for two-thirds of sales within China and a rising share of global exports. Chinese drivers have embraced electric vehicles, with sales jumping 40% last year. BYD, the world's biggest EV maker by sales, announced a new ultra-fast EV charging system and plans to build over 4,000 charging stations across China.

Courtesy: wtop.com

Summarized by Einstein Beta 🤖