Shanghai will build over 200 demonstration smart factories by 2025, including many carmaking plants, to push the automotive industry's high-quality development, city officials said during the ongoing Shanghai 2023 event on Thursday. Digitalization and intelligence are gradually penetrating into the automotive industry, which brings opportunities and risks for car-makers, speakers told the High-quality Development and Innovation forum held today, a part of the Shanghai. In 2022, Shanghai produced 3 million cars and the automotive industry output reached 800 billion yuan (US$115.

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