# China auto industry
Latest news and articles about China auto industry
Total: 4 articles found
China’s Auto Rise Goes Global: BYD Targets Korea as Europe’s Old Guard Holds Ground
BYD is stepping up its overseas offensive with plans to launch at least three models in South Korea and a target of over 10,000 sales, reflecting a broader trend of Chinese automakers expanding globally. Despite rising volumes and strong EV adoption, China’s auto industry faces thin profit margins and intensifying competition from established international groups such as Stellantis.
China’s Auto Industry Goes Global: Gigafactories, Subsidies and New Market Access Propel an Overseas Push
Chinese automakers and suppliers have accelerated overseas investment, disclosing more than RMB70 billion in projects over three months. Major moves include a planned 2.067 billion euro battery gigafactory in Portugal and policy openings in the EU, Canada and Germany, signaling a shift from export‑led sales to localised, global supply chain building.
Zotye's Comeback Push: Mass Hiring Signals Ambition to Restart Car Production Amid Restructuring
Zotye Auto has launched a broad recruitment campaign for nearly 50 roles, a move tied to preparations to resume vehicle production after years of near‑hiatus following bankruptcy restructuring. Recent board changes and partial unwinding of frozen assets have improved the company’s funding outlook, but Zotye remains loss‑making and will need strategic capital and technological upgrades to mount a sustainable comeback.
China’s Auto Crown Up For Grabs: How Chongqing, Hefei and Regional Strategies are Redrawing the Map
In 2025 China’s auto industry saw a geopolitical and strategic reshuffle: Chongqing has claimed de facto leadership on the strength of Seres and Huawei’s AITO, Hefei has emerged as the country’s leading NEV production hub through an investment‑led model, and coastal cities like Shenzhen and Guangzhou are refocusing on high‑value upstream technology and industrial transformation. A statistical reclassification of production sites also shifted the apparent rankings, underscoring how policy and accounting can reshape perceived industrial strength.