In just two decades, China has gone from a minor player in car manufacturing to the world’s top auto exporter, surpassing Japan and Germany by leveraging government investments, automation, and a booming domestic market.
As local demand slowed, China shifted its focus to exports, particularly in electric vehicles (EVs), with brands like BYD leading the charge by producing high-quality, affordable EVs thanks to government subsidies and efficient supply chains, allowing them to dominate markets in Europe and Southeast Asia.
Despite increasing trade barriers from the U.S. and the EU, Chinese automakers continue to expand aggressively, offloading surplus gasoline-powered vehicles to regions like Russia, Latin America, and the Middle East at heavily discounted prices.
While global governments are imposing tariffs to counter China’s influence, experts believe its unmatched production efficiency and strong grip on the EV supply chain will ensure its continued dominance in the global auto industry for years to come.
