Chinese electric-car makers charge ahead, powered by state

Wave of vehicles at Guangzhou auto show risks oversaturating market

20181116N trumpchi guangzhou concept car

Chinese automaker Trumpchi displays its concept car, developed with BASF, at the Guangzhou International Automobile Exhibition, in Guangzhou of south China's Guangdong province, on Friday.

TAKASHI KAWAKAMI, Nikkei staff writers

GUANGZHOU -- Ahead of a mandate for new-energy vehicles in China that rolls out in January, Chinese and foreign automakers are accelerating their shift to electric vehicles, with the latest offerings on full display at the Guangzhou International Automobile Exhibition, which opened Friday.

The momentum lies with Chinese manufacturers, which have a running start from years of state subsidies and protection. Foreign automakers are racing to catch up, as it becomes clearer that the experiment in transitioning from combustion engines will happen here, in the world's largest car market.

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