Expansion and Impact of Chinese Car Sales Worldwide | Analyzing the Global Rise of Chinese Cars
An analysis of the rapid expansion of the global market share of Chinese brands by country. It includes sales forecasts for Chinese brands in overseas markets.
Chinese brands are accelerating their global expansion at an unprecedented pace. According to data compiled by FOURIN, the sales volume of Chinese brands such as BYD, Geely, Changan, Chery, and SAIC in 86 countries worldwide in 2024 (including some estimates) reached 19.71 million units, an 18.0% increase from the previous year. Currently, the ratio of domestic sales to overseas sales remains high, but plans for the construction of overseas bases have been announced one after another, and the shift from exports to local production is expected to gradually progress. This document examines the current status of Chinese brands and their impact on the market based on sales statistics from various countries, management strategies by major groups, sales volumes, production volumes, market shares, export volumes, production bases, and recent product launch trends. It also provides detailed reports on the domestic market in China. It can be widely used as a reference material for understanding the latest trends in the automotive industry worldwide.
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