Analysis of Overseas Expansions of Chinese Car Brands

According to TrendForce's latest research, Chinese automotive brands are actively expanding overseas, leveraging decades of accumulated influence in the automotive industry, with the aim of challenging the century-old dominance of European, American, Japanese, and Korean car brands. Although conventional fuel-powered vehicles still dominate exports, it is projected that the proportion of new energy vehicles in China's automotive exports has already surpassed 25% in 2023. New energy vehicles are becoming a key focus for future expansion into international markets.