The weight of Chinese brands in global auto sales is growing by the day.

According to the report on automobile sales (including some estimates) in 86 countries in 2024, the number of vehicles sold by Chinese automakers will be 19.71 million units, up 18.0% from the previous year.
Excluding sales in China, the home country, sales were up 34.8% to 2.91 million units, indicating the growing momentum in overseas markets.
Since the growth of the global market as a whole, including Japanese, European, American, and Korean brands, was only 1.6%, it can be said that Chinese brands are clearly taking over the market.

China has the highest market share (by country/region) with 64.1%, while Russia/CIS (46.4%), Africa (11.7%), and Oceania (11.1%) have already exceeded 10%.
In Russia in particular, Chinese brands have entered the market in place of Japanese, European, American, and Korean brands that withdrew from production and the market due to the start of the Russo-Ukrainian war in 2022, and sales have grown significantly.

In addition, the Chinese brands, including those in the Middle and Near East and Latin America, have been strategically expanding their sales channels outside of China since the Corona Disaster, and this trend is expected to continue for the foreseeable future.