Chinese Automakers Expand Globally with Full Value-chain Deployment Abroad

Chinese automakers are accelerating their business models—moving beyond simply exporting vehicles to building full overseas industrial chains. Official figures show China exported more than 2.2 million vehicles in the first quarter of this year—an annual increase of nearly 57 percent. Overseas markets are now a key growth driver. The Guangzhou Automobile Group (GAC Group) reported an 86-percent surge in overseas sales in Q1 this year, with five assembly plants and nine parts hubs overseas. Meanwhile, Changan Auto is stepping up its full-chain overseas expansion from R&D to logistics, with a target of producing 800,000 units overseas by 2030. Chinese EV maker XPeng, meanwhile, has a presence in over 60 countries. Its chairman said they stand out by pursuing a technology-driven, differentiated strategy. Still other Chinese carmakers are focusing on specific markets like Southeast and Central Asia. SAIC-GM-Wuling, a joint venture between SAIC Motor, General Motors and Liuzhou Wuling Motors, has built a vehicle assembly plant in Indonesia with an annual capacity of 120,000 units. They also introduced 17 Chinese suppliers into Indonesia and plan to expand this model to other ASEAN countries. Welcome to subscribe us on: Facebook: https://www.facebook.com/NewsContent.CCTVPLUS Twitter: https://twitter.com/CCTV_Plus LinkedIn: https://www.linkedin.com/company/cctv-news-content Instagram: https://www.instagram.com/cctv_video_news_agency/ TikTok: https://www.tiktok.com/@cctv_plus Video on Demand: www.cctvplus.com If you are in demand of this video footage, please contact with our business development team via email: [email protected], [email protected]