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The automotive industry in mainland China has been the largest in the world measured by automobile unit production since 2008. As of 2024, mainland China is also the world's largest automobile market both in terms of sales and ownership. The Chinese automotive industry has seen significant developments and transformations over the years.
Due to the limited market size, automotive manufacturers in Taiwan have relatively small-scale operations. The majority of major manufacturers engage in contract manufacturing for foreign car brands from Japan and the US. Only a few manufactures, like Yulon and China Motor, have their own brands.
Originally known as Second Automobile Works when it was founded in 1969, FAW and SAW were the two major manufacturers before the Reform and Opening-up of China. It current owns Voyah , M-Hero , Aeolus , Forthing , Dongfeng Nammi and operates joint ventures including Cummins , Honda , Nissan , Infiniti , and Stellantis ( PSA Peugeot Citroën ).
Beijing Automotive Group Co., Ltd. (BAIC, formerly as Beijing Automotive Industry Corporation) is a Chinese state-owned automobile manufacturer headquartered in Shunyi, Beijing. Founded in 1958, [ 2 ] it is the sixth largest automobile manufacturer in China, with 1.723 million sales in 2021.
Jiangxi Mingfang Auto Parts Industrial Co., Ltd. a joint venture between JMCG and Taiwanese auto parts manufacturer Hsin Chong Group to build an auto parts plant in Yingtan. [ 30 ] [ 31 ] The plant was put into production in June 2019, and it is initially focused on supplying door and sunroof parts for Jiangxi Isuzu and JMEV vehicles.
The city's leading industries are production of automobiles, agricultural product processing, biopharmaceuticals, photo electronics, construction materials, and the energy industry. [10] Changchun is the largest automobile manufacturing, research and development centre in China
BYD e6 battery electric taxi in Shenzhen, China Foton BJ6129EVCA-N1 battery electric bus in Beijing, China E-bikes with an estimated fleet of 120 million in early 2010. The electric vehicle industry in China is the largest in the world, accounting for around 58% of global production of electric vehicles (EVs) [1] and more than 1.5 million exports in 2023. [2]
Shanghai Volkswagen Automotive Co., Ltd. (SVW) is the first car-making joint venture since China began its reform, and debut to the outside world, and is located in Anting International Auto City on the northwest outskirts of Shanghai. Producing cars under the Volkswagen and the Škoda brands, SVW currently offers a total of twelve model series.