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The Rise of the Chinese OEMs

5th January 2026 Tags:

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The Rise of Chinese OEMs

China is the largest automotive market in the world. With over 23 million vehicles registered in 
2024, it alone accounts for approximately 30% of global annual registrations. Until 2022, the 
Chinese market was predominantly led by foreign OEMs, making it a critical volume hub for 
foreign automotive brands such as Volkswagen, Toyota, and Honda.

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