Global giants eye potential for new energy vehicles

Sales in world's biggest market up 53% year-on-year

The world's major carmakers are showing their latest new energy cars - some of them concept models - at the ongoing Shanghai auto show, eying up the potential of the world's largest new energy car market.

A total of 507,000 electric cars, plug-in hybrids and fuel cell cars were sold in China in 2016, a 53 percent surge year-on-year, according to the China Association of Automobile Manufacturers.