Chinese Electric Car Manufacturers

Chinese Electric Car Manufacturers

As the world looks to make a transition to electric vehicles, Chinese companies are positioned to benefit.chinese electric car manufacturers They have the largest market in the world, with 400 million registered drivers and a growing appetite for new-energy cars. EV sales in China are expected to account for 58 percent of new car purchases by 2030.

The country's carmakers are pushing hard into global markets, with European Union customs data showing that shipments of Chinese-made cars to the continent rose 361% year-on-year in 2022.chinese electric car manufacturers China's EV makers have also made significant strides in improving the quality of their vehicles, which has long been a major hurdle for them in the West.

While their cars may not be up to the same standard as a BMW or Porsche, they are far from what some people think when they hear "Chinese electric car." "These are very advanced vehicles that are far closer than you would expect of something made in China," Wakefield says.

One of the chinese electric car manufacturers is Geely, which owns the Volvo brand and has plans to launch its first EV model in Europe by 2020. Another is newcomer HiPhi, which has developed an all-electric SUV to take on the Tesla Model X and Audi Q8 e-tron. Its HiPhi X has a 97 kWh battery with front- and rear-wheel drive and offers up to 460 kilometers of range. It's unique features include headlights that project images or films and no-touch automatic wing-opening doors.

Other big-name Chinese EV producers include state-owned Changan Automobile, which produces trucks, buses, and passenger cars. Its EV lineup includes the small Lumin Corn Nuo Yu Mi mini EV and the Benben E-Star hatchback, which sold more than 70,267 units in 2022. In April of that year, it announced a partnership with CATL to incorporate its sodium batteries in its new iCAR EV brand.

Changan's sister brand Oshan has a much bigger portfolio, including the X7 EV. It's the company's first pure-electric SUV and was released in August of that year. In addition to working with CATL, Oshan has formed a collaboration with Ford and is exploring smart EV tech through a partnership with Baidu.

SAIC Volkswagen, founded in 1984, is one of the oldest sino-foreign auto partnerships and sells cars in both China and Europe under its Volkswagen and Skoda brands. It is 50/50 owned by Shanghai Automotive Industry Corp, which is a part of the country's biggest traditional carmaker SAIC Motor, and Volkswagen. SAIC VW has three all-electric models: the ID.3 hatchback selling in Europe, the ID.4 available in the U.S., and the recently unveiled ID.6 for the Chinese market.

The other big Chinese carmaker to watch is Guangzhou Automobile Group, which owns the MG and Great Wall brands. Its upcoming EV is the EV20, an all-electric SUV with two seats in the back and four in the front that will compete with the Tesla Model Y. It's expected to go on sale in 2024.