April 24, 2025
China’s rapidly growing EV manufacturers who pursue different ways to global expansion

China’s rapidly growing EV manufacturers who pursue different ways to global expansion

Shanghai (AP)-The worldwide auto industry is offered by Chinese car manufacturers who quickly expand worldwide and offers relatively affordable electric vehicles with which car buyers are to be delighted with elegant designs and the latest high-tech interiors.

Companies such as BYD, Great Wall, Geely and Chery Automobile reach the outside when you build the scale you need to survive the cut-throat competition on your home market.

These are generally not state giants such as Saic, Baic and Guangzhou Automotive. The founder of Geely began to make refrigerators.

BYD has built up its specialist knowledge in battery technology for the first time, today the biggest advantage than the largest EV manufacturer in the world. Some others are technology companies associated with car manufacturers to offer autonomous driving.

Here are some of the most important players:

Great wall motors

Great Wall Motors with the Haval brands, Wey, Ora, Poer and Tanks, sanctifications from overseas to grow further after the turnover in China has dropped by almost 15% last year, even as the company’s net profit rose by more than 80%. The company has factories in Russia, Thailand and Brazil, in which it challenges with its GWM Poer, its own hybrid collection, Toyota’s popular Hilux pickup with its GWM Poer. Another main support is the Haval H6, a hybrid sports -SUV.

Great Wall has smoothed her transition to production in overseas by buying factories from other car manufacturers. In Thailand it took over a factory that used to be made by General Motors Corp. was operated in Brazil. It bought a former Mercedes-Benz plant.

“It is important that the volume is large, otherwise the production costs are too high,” said Wei Jianjun, chairman of Great Wall, in the show in a media disappearance. Wei, who also bears the name Jack Wey, was born in Beijing, but moved to the nearby Hebei, the home of the Great Wall. He led the company’s transition from the vehicle modification to the automatic and became China’s largest manufacturer of Pickup trucks and a leading SUV manufacturer. The company has a joint venture for EVS with BMW.

Chery

According to the state -owned Chery Automobile, it was the first Chinese car manufacturer to export to overseas. It sold more than 15 million of its models Chery, Exeed, Omoda and Jetour overseas, mainly in developing countries and in emerging countries, including Turkey and Ukraine. Chery reported 2.6 million vehicles in overseas last year and strived for 3 million in 2025. It quickly grows into overseas production and sets up factories in Russia and Spain. It is rapidly expanding in Latin America.

Chery’s binding with EV-Maker Visionary Vehicles aimed to sell in North America, has not yet achieved this goal, this goal. The company has a 50-50 joint venture with Jaguar Land Rover, a subsidiary of Tata Motors of India, which makes Jaguars and Land Rovers in China. It also works with Huawei technologies and the e-commerce giant Alibaba.

Chery still sells far more fuel engine cars than EVs. The company of the battery electric vehicles, Chery New Energy, produces mini -hikel such as EQ1 or Small Ant and the QQ ice cream. Its main supports are the Tiggo list of SUVs and its Arrizo sedans.

Byd

BYD produced more electric vehicles last year than Tesla and sold 3.52 million EVs in China, compared to 28% compared to the previous year. His strength in plug-in hybrids has contributed to the fact that Chinese have increasingly chosen the fallback of a fuel engine.

The company based in Shenzhen from southern Chinia recently announced an ultra-fast EV charging system, which it can provide for its latest EVs for about as long as a filling within five to eight minutes. It is planned to build more than 4,000 of the new charging stations across China.

The Chinese company began to make batteries and has refined its battery and energy storage technology and at the same time set up an auto empire that expands outside of China.

While BYDS chic, the latest Premium models are expected to be sold for up to 40,000 US dollars, but it also makes a lot of cheaper EVs, including the Seagull, which is sold in China for around $ 12,000.

In 2024, BYD barely stopped Tesla in the production of battery -operated EVs and made 1,777,965 from Tesla compared to Teslas.

Geely

Geely Auto is perhaps the most famous Chinese car manufacturer that many people have never heard of. The private company was founded in 1997 in Taizhou, eastern Chinese, as a refrigerator by businessman Li Shufu, which became a center of the private industry early on.

Li started with strategic overseas accisitions early and bought the Sweden Volvo Car Co. from Ford Motor in 2010. Geely’s purchase of a 49.9% participation in Malaysias Proton gave him a 51% share of the luxury sports car brand Lotus. It formed a 50-50 joint venture to make intelligent city cars with Germany’s Daimler AG. It also works with Renault SA from France about drive lines and has a participation in Aston Martin Lagonda.

In March it started the sale of his Geely Ex5 Suvs in Australia and New Zealand, which contributed to its global reach.

Geely also has the New York Stock Exchange Zekrigent Technology Holding, which makes a premium-ev brand. Geely and Volvo have the Swedish car manufacturer Polestar, who has to struggle on the US market.

Wuling

China’s second best sales brand EV is Wuling, a joint venture from Shanghais Saic Motor, General Motors and Guangxi Auto. It sold more than 673,000 EVs in China and has a market share of only 6% compared to BYDS. Tesla took third place with 659,000 cars sold.

Apart from its Baojun sedans and vans, Wuling mainly produces engines, commercial vehicles and special purpose vehicles such as mini-EVs and golf cars.

Other

Other important Chinese brands from EVS are NIO, XPENG, LI Auto and Leap motor. State giants like the Dongfeng Motor Group, which an alliance with Nissan Motor Corp. and Changan Automobile, partner of Japans Mazda Motor Corp. And with Ford Motor Co., quickly expands the turnover of Ev.

But the industry is changing and competition on the home market is difficult. This is one main reason why the largest car manufacturers focus on expanding the global markets.

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