SAIC MOTOR(SH:600104) Zhong Guo Qi Che Bao Wang·2026-01-27 02:36Core Insights - The article highlights the significant growth of Chinese automotive brands in overseas markets, with a projected increase in exports from 1 million units in 2020 to 7 million units by 2025, driven by a focus on brand, channel, and localization strategies [2] Company Summaries Chery Automobile - Chery aims for overseas sales of 150,000 to 160,000 units in 2026, building on a record 134.4 million units in 2025, which was a 17.4% increase year-on-year [3] - Overseas sales accounted for 47.8% of total sales in 2025, with plans for further expansion in Southeast Asia, Europe, and Latin America [3] SAIC Motor Corporation - SAIC targets overseas sales of 150,000 units in 2026, a 40% increase from 2025's 107.1 million units [4] - The company has implemented a "Glocal" strategy, focusing on both global and local market needs, with significant sales in Europe and India [4] BYD - BYD's overseas sales reached 1.0496 million units in 2025, a 145% increase, with a target of 1.3 million units for 2026 [5][6] - Growth is driven by new model launches and local production in key markets like Southeast Asia and Europe [6] Changan Automobile - Changan aims for overseas sales of 750,000 units in 2026, up from 637,000 units in 2025, representing a 17.7% growth [7] - The company has established nine overseas factories and is focusing on local production and market penetration [7] Geely Automobile - Geely's overseas sales target for 2026 is 640,000 units, a more than 50% increase from 2025's 420,000 units [8] - The company plans to leverage its partnerships and local production capabilities to enhance its market presence [8] Dongfeng Motor Corporation - Dongfeng targets overseas sales of 600,000 units in 2026, a 103.4% increase from 2025's 295,000 units [9] - The company is focusing on local production and expanding its global sales network [9] Great Wall Motors - Great Wall aims for overseas sales of 600,000 units in 2026, building on 506,000 units in 2025 [10] - The company is expanding its product offerings in various international markets, including Latin America and Europe [10] GAC Group - GAC plans to achieve overseas sales of 250,000 units in 2026, up from over 130,000 units in 2025 [11] - The company is focusing on technological advancements and expanding its service and manufacturing networks [11] Leap Motor - Leap Motor targets overseas sales of 100,000 to 150,000 units in 2026, following a successful entry into international markets [12] - The company has expanded its presence in over 35 international markets with a strong retail network [12]