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<p>The Shanghai Auto Show is about to open, attracting nearly 1,000 companies and over 100 new car launches. Automakers are placing more emphasis on technology displays, attracting a large number of overseas visitors, especially automotive agents. During the exhibition, 30% of the visitors at the NIO booth were foreigners, indicating that Chinese auto shows are evolving into a global hub. Overseas audiences have shown a strong interest in charging and battery swapping technologies, with particular attention to NIO's battery swapping technology</p>

- Recent events in China's economy highlight significant developments, including the Guangzhou Trade Fair and the Shanghai Auto Show, which attracted over 200,000 foreign buyers and nearly 1,000 exhibitors, respectively.  
- The focus has shifted towards showcasing technological advancements rather than marketing gimmicks, with foreign attendees showing keen interest in China's automotive innovations, particularly in battery swapping technology.  
- The collaboration between NIO and CATL aims to establish a unified battery swapping standard, enhancing the commercial viability of battery swapping stations and improving user experience across various vehicle brands.

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Key signals from the Shanghai Auto Show: China's multi-technology route crushes America's single-line thinking