The Shanghai auto show showcases new models designed for China, highlighting the growth of local manufacturers and the shift towards electric vehicles (EVs). Sales of EVs surged by 40% last year, while traditional vehicle sales declined. Chinese automakers like BYD are now major players globally, competing with foreign brands. However, tariffs and trade tensions pose challenges for both local and foreign manufacturers. The industry is undergoing a technological shift, with a focus on EVs for market dominance. Teljes cikk (Euronews.com)