Chinese automakers are accelerating their overseas expansion. Going global is an inevitable choice for Chinese automakers.

Author：aronDate：2024-11-18

Chinese automakers are accelerating their overseas expansion. Going global is an inevitable choice for Chinese automakers.

  CCTV News: The 2024 Guangzhou International Auto Show is being held. The reporter learned through interviews that after China's annual production of new energy vehicles has reached tens of millions of vehicles, in the future, advanced globalization will be the inevitable choice for Chinese auto companies.

  Last year, my country became the world's largest exporter of automobile trade. In the first 10 months of this year, my country exported 4.855 million vehicles, a year-on-year increase of 23.8%. In 2024, the annual export volume is expected to lead the world again. At the auto show, many Chinese auto companies told reporters that relying solely on trade exports is unsustainable. The real "going overseas" of automobiles ultimately requires direct investment and construction of factories at the destination. In this process, logistics, finance, after-sales service, and supply chain must also be coordinated to "go overseas".

  Some Chinese auto companies said that advanced globalization is an inevitable choice for Chinese auto companies. While Chinese auto companies continue to deepen their overseas strategies, they should also pay attention to the protection of intellectual property rights.