South Korean media: China is no longer a "technological latecomer"! On May 20, South Korean media The Global Economy published an article stating that the Shanghai International Auto Show held in Shanghai from April 23 to May 2 sent out a clear message. China is no longer a "technological latecomer," but has become a leader in the electric vehicle industry and will showcase its brilliance to the world in the future. Recently, CNN published an analysis article on this matter, focusing on the rapid growth of China's electric vehicle industry and its conflicts with the United States. According to CNN reports, the auto show lasted for two weeks, covering an area equivalent to 60 football fields. Chinese electric vehicle companies showcased cutting-edge technologies, including batteries that can travel hundreds of miles after charging for just five minutes and voice-activated autonomous driving systems. BYD especially launched its new electric sports car "Tengshi Z", calling it "a model with pure emotional design and ultimate performance." Wolfgang Egger, former designer of Audi and Lamborghini and BYD's design director, unveiled the car on site. Chinese consumers' perception of domestic brands is also rapidly changing. According to data from British energy analytics company Rho Motion cited by CNN, "starting from 2023, Chinese brand cars outsold foreign brands in the domestic market, and last year, Chinese brands accounted for more than 60% of the global electric vehicle market share." The competition among Chinese companies is also intense. When BYD announced the launch of a battery that could travel 470 kilometers after charging for 5 minutes, CATL quickly responded by launching a battery with a range of approximately 520 kilometers. In terms of intelligent driving technology, companies like Huawei and Momenta are advancing autonomous driving technology, while BYD announced that it would provide the "Celestial Eye" driving assistance system as standard equipment free of charge on most of its models. However, the rise of China's electric vehicle industry faces a hidden danger: conflicts with the United States. U.S. President Trump imposed a 25% tariff on Chinese electric vehicles and parts this year, continuing the policy from his predecessor's term, with some products even being taxed at 100%. Chinese electric vehicle companies are actively targeting the European, Southeast Asian, and South American markets instead of the U.S. According to statistics from the China Association of Automobile Manufacturers, in the first quarter of this year, China's pure electric and hybrid vehicle exports reached 441,000 units, growing by more than 40% year-on-year. Experts said that China's rapid technological development and large-scale industrial support policies have led to this result. John Helberstien, a professor at George Washington University, said: "Western manufacturers consider electric vehicles as too expensive luxury goods, while China has greatly expanded the entire supply chain to reduce costs." Currently, half of all new cars sold in China are either pure electric or hybrid vehicles. On the other hand, according to the analysis of the U.S. Energy Information Administration (EIA), as of the third quarter last year, pure electric and hybrid vehicles accounted for only about 20% of all new cars in the United States. [Image: //p3-sign.toutiaoimg.com/tos-cn-i-ezhpy3drpa/ca87885984d642bcaae1c7dadd7f38f0~tplv-obj:1920:1080.image?_iz=97245&bid=15&from=post&gid=1832641428263947&lk3s=06827d14&x-expires=1755475200&x-signature=nv7l8wjqmw27%2B6mhKlb57D0U88E%3D] Original source: https://www.toutiao.com/article/1832641428263947/ Disclaimer: This article represents the author's own views.