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The Nexus
BUSINESSMay 18 · 23:30 UTCSCMP WORLDDaniel Ren

China’s old ‘Motown’, Shanghai bets on robotaxis, better batteries for a GDP bump

Shanghai is targeting autonomous driving and solid-state EV batteries as key growth drivers to achieve 5% GDP expansion in 2026. The city's mayor announced plans to increase investment in these emerging technology sectors while attracting foreign businesses to sustain economic growth.

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