Overview:
The rise of electric smart cars has showcased Chinese OEMs’ technological and supply chain strengths, positioning them at the forefront of the ongoing automotive transition. With rising competition in the Chinese market, the country’s new-age electric vehicle (EV) players like NIO, Xpeng and Aiways, along with traditional OEMs such as SAIC, Changan Automobile and BYD, are gradually expanding abroad.
Chinese automakers are steadily increasing their market share in key regions such as Europe, Southeast Asia (SEA), and Latin America (LATAM). This report explores how Chinese companies have managed to expand their presence in these regions, gradually building an EV ecosystem that positions them to challenge and potentially surpass European, American, and Japanese automakers in the future. It also highlights the timeline of their market entry, providing insights into the international expansion strategies of Chinese OEMs. Additionally, the report discusses the impact of geopolitical issues and tariffs on Chinese EV imports.
Table of Contents:
• Chinese OEMs’ Sales Status in Key Regions – Europe, SEA and LATAM
• Europe: Greater opportunities amid emerging challenges
• SEA: Development factors positively influencing preference for Chinese cars
• LATAM: Affordability to drive market expansion
• EVs helped China surpass Japan in car exports
• Geopolitics may slow down Chinese OEMs’ expansion
• Analyst Take on Chinese OEMs’ Global Expansion Strategy
Number of Pages: 5
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Author
Soumen Mandal
Soumen is a Senior Research Analyst who is tracking IoT, Automotive and Telecommunication ecosystem at Counterpoint Technology Market Research. He is interested in IoT applications, connections, components, electric vehicles, connected cars, autonomous vehicles, semiconductors, shared mobility, services and emerging technologies. He started his career as an Energy Analyst with Manikaran Power Ltd. He has experience in working with DISCOMs and SLDCs in Indian power and energy industry. He is currently based in Gurgaon. He holds an Electrical Engineering degree and MBA in Marketing & Finance.
