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Currently one of the fastest growing automotive groups in the world, Geely is known for its ownership of the Swedish luxury car brand Volvo Cars, its performance counterpart Polestar, and the British sports car company Lotus. It also owns the brands of Geely, Livan, Lynk & Co, Zeekr, Volvo Cars, LEVC, Farizon, Ji Yue, Proton and Smart. [16]
Below is a list of major car company joint ventures ever existed in mainland China (truck and coach JVs not included). Early 1980s-90s CKD assembly agreements are not included as the production numbers are typically negligible compared to later JV efforts. Technology transfer agreements to domestic brands are also not included.
MG ZS is the most exported Chinese car model in 2023, with a total of 251,000 units sold overseas. [173] In 2012, exports of Chinese automobiles were about 1 million vehicles per year and mostly to emerging markets. [174] By 2022, Chinese car exports reached 3.11 million units, ranking second worldwide.
Elon Musk believes Chinese car companies will become dominant players on the global stage. ... Xiaomi, founded in 2010, is among the world’s top five global smartphone brands, alongside Apple ...
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Warren Buffett-backed EV maker BYD produced the most popular Chinese car, a compact sedan called the Qin, and had two other vehicles in the top 25 most sold cars last year. Tesla, for its part ...
The Chinese EV giant was Singapore’s most popular vehicle brand by registration in the first half of 2024. (Toyota outsold BYD if sales of Lexus, its subsidiary, are included).
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