Automotive
With mainstream consumer acceptance and government support, China’s automotive sector — and especially electric vehicles (EVs) — is booming. According to estimates by both banks HSBC and UBS, three out of five new cars sold in China will be electric by 2030. That would mean around 18 million EVs, and a market size of $360 billion, if the average car cost $20,000. And that’s just for cars: Secondary industries will bloom in financing, navigation, software, autonomous hardware components, traffic surveillance, and more.
China has one EV veteran — BYD, or Build Your Dream — the Warren Buffett–backed automaker that has been making electric models since 2008. However, Tesla is close on its heels in terms of EV units sold in the Chinese market. Now everyone else is piling into the industry, from Chinese state-owned auto groups like SAIC to foreign companies like VW, from indebted real estate groups like Evergrande to tech giants like Tencent, Huawei, Baidu, and Didi Chuxing. This page includes all Chinese companies involved either in the software or manufacturing of electric vehicles. For a similar presentation in article form see “All the electric car companies in China: a guide.”
All companies in Automotive
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- Company name
- Revenue
- Assets
- Employees
-
Zhejiang Geely Holding Group
- USD 47.2 B
- 1128
-
BYD Auto
- USD 33.2 B
- 288,200
-
GAIG
- USD 2.7B
- 26
-
WeRide
- 50-99
-
CALB
- USD 75 M
- 1700
-
AutoX
- 50-99
-
eHi Car Services
- USD 953.4M
- 10
-
Great Wall Motors
- USD 15.8 B
- 63,174
-
Brilliance Auto Group
- USD 13.3 B
- 47,000
-
FAW Group
- USD 106.8 B
- 142,451
-
Geely Auto
- USD 15.7 B
- 38,000
-
XPeng Motors
- USD 1.07 B
- 3,676
-
Chang’an Automobile
- USD 9.9 B
- 40,298
-
Dongfeng Motor
- USD 16.5 B
- 124,270
-
SJAI
- 15,252
-
GAC Group
- USD 8.7B
- 93,745
-
NIO
- USD 1.12 B
- 7,442
-
Brilliance China
- USD 437.8 M
- 5,390
-
Li Auto
- USD 1.5 B
- 4,181
-
Evergrande Group
- USD 78.1 B
- 163,119
-
BYD
- USD 33.2 B
- 288,200
-
Wuxi Lead
- USD 932.64 M
- 8215
-
Xing Yuan Dong
- 400-499
-
SAIC
- USD 130.1 B
- 13,958
-
Pony.ai
- Not publicly reported
- <50
-
BAIC BJEV
- USD 758.0 M
- 5,346