China's Dominance in Electric Cars and Batteries Showcased at Shanghai Auto Show.

China's auto market is shifting towards an electric future, with China-made brands leading in key segments, powered by new electric-drive models that are gaining share at home and overseas. BYD, in particular, has seen sales in China rise almost 69% this year, giving it an 11% share of the overall car market, more than the Volkswagen brand or the Toyota brand. The rise of Chinese automakers in the EV and plug-in hybrid market has left established global brands such as Volkswagen, General Motors, Honda, and Nissan struggling to keep up.