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After Topping Export Rankings, Why Chinese Cars Still Struggle to 'Move Up'

After Topping Export Rankings, Why Chinese Cars Still Struggle to 'Move Up'

Wei Wenqing of the China Association of Automobile Manufacturers disclosed that from January to July 2026, China's automobile exports reached 6.14 million units, up 66.8% year on year, while component exports totaled US$60.7 billion. Chinese automakers have more than 20 overseas full-process plants, and their overseas output exceeded 1.5 million vehicles in 2025. Eighty percent of the top 100 component suppliers have established overseas operations. In 2025, Chinese-brand automobiles rose to first place in global market share, but their overseas operations systems still lag behind those of Japanese and European automakers. Wei Wenqing pointed out that going global across the industrial chain, going global with intelligent connected vehicles, and brand efficiency are the three major topics. Chinese automobiles have just entered the going-in stage and are expected to reach a medium level of internationalization by 2035.

49113 hours ago

Geely Re-enters South Africa: Fuel Models Launch, Emerging Market Strategy Adds Another Piece

In May 2026, Geely Automobile officially announced its return to the South African market, launching the Boyue L and Xingyue L fuel SUV models, while revealing plans to build a KD assembly plant in South Africa's Eastern Cape province, targeting 2027 production start with 30,000 units annual capacity. This marks a critical piece of Geely's African strategy, following Southeast Asia, the Middle East, Central Asia, and Latin America. South Africa, as Africa's largest auto consumer market with appr

504119 days ago