Automotive brands to showcase new models at Shanghai auto show, Reuters says

Over 70 Chinese and international automotive brands will showcase more than 100 new or refreshed models of their vehicles at the Shanghai auto show, Reuters reports. BYD (BYDDF) and Geely (GELYF) are expected to take center stage, while Volkswagen (VWAGY), Nissan (NSANY), Toyota (TM), and General Motors (GM) will also jostle for attention. Driver assistance tools have become a critical tool for companies to differentiate themselves in China’s EV market. Some of the new models are meant to be Chinese electric crossovers meant to beat Tesla’s (TSLA) models.

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