From January to May 2023, Chinese automotive enterprises exported 1.758 million vehicles, a year-on-year increase of 81.5%. The impressive data fully confirms the positive trend of China's automotive exports in recent years, with a continuous optimization of product structure. Chinese automotive brands represented by SAIC, BYD, Geely, and others are steadily growing. China is firmly advancing from being a major automobile manufacturer to becoming a powerful force in automobile manufacturing.

Many internationally renowned car companies see the enormous development potential in the Chinese automotive market and also sense the challenges posed by Chinese car manufacturers. Ford CEO Jim Farley has stated that their main competitors are not Tesla from the United States or Toyota from Japan, but rather Chinese electric car manufacturers. This is because "China is the world's largest car market, has some of the best battery technology, and dominates the production of electric vehicles."

Returning to its roots, Chinese car manufacturers have transformed from weakness to strength, traversing an extraordinary development path. Looking ahead, Chinese brands are venturing into the world and will continue to climb new heights!

At the beginning of the founding of the People's Republic of China, this ancient civilization with hundreds of millions of people did not possess the capability to manufacture automobiles. It wasn't until July 14, 1956, when the first batch of Liberation brand trucks rolled off the assembly line, that China ended its history of being unable to manufacture cars.

By the late 1970s, China already had enterprises like First Automobile Works (FAW), Second Automobile Works (SAW), Beiqi (North Vehicle), and others, and the truck industry had also begun to take shape. However, the weakness of the passenger car industry remained a soft spot in China's automotive industry. In the early days of the reform and opening up, China only produced two types of cars, the Hongqi (Red Flag) and Shanghai, and the annual production never exceeded 3,000 units. To meet domestic demand each year, a considerable amount of foreign exchange had to be spent to import cars produced abroad.