Core Insights - Chinese automotive brands are transitioning from merely exporting products to establishing a global ecosystem, significantly reshaping the global automotive industry landscape [1][4][6] Export Growth - In 2023, China's passenger car exports reached 4.201 million units from January to September, marking a year-on-year increase of 15.6%, with new energy vehicle (NEV) exports surging by 89.4% to 1.758 million units [2][3] - From 2022 to 2024, China's automotive export volumes are projected to grow from 3.111 million to 5.859 million units, with the export contribution to total sales rising from 11.5% to 18.6% [2][3] Globalization Strategy - Chinese automakers are moving towards a model that emphasizes local production and ecosystem building, as seen with companies like BYD, Great Wall Motors, and Geely, which have established production bases and R&D centers in various countries [4][5][6] - BYD has expanded its global footprint by establishing production lines in countries such as Thailand, Brazil, and Hungary, while Great Wall Motors has set up full-process production bases in Thailand and Brazil, among others [4][6] Future Outlook - The China Automotive Industry Association predicts that total automotive exports could exceed 6.5 million units by 2025, reflecting the ongoing expansion and acceptance of Chinese vehicles in international markets [3][4] - The upcoming "15th Five-Year Plan" emphasizes the importance of international cooperation and market expansion, which is expected to further enhance the global competitiveness of Chinese automotive brands [7]
智造大变革·全球化丨从产品出口到生态出海 中国汽车撬动全球
Xin Jing Bao·2025-11-11 09:34