
AI-generated summary
The Chinese automobile industry, symbolized by brands like BYD, is experiencing rapid growth in international markets, particularly in Europe, Brazil and Russia.
“Build Your Dream”, BYD (build your dreams). The brand symbolizes the development of Chinese automobiles on the European market, shattering the dreams of global supremacy of Western and Japanese players. Behind, Geely, MG, Xpeng and other Leapmotor rushed in. Manufacturers from the Middle Kingdom continue to gain market share internationally. In June, the country sold more than 1.1 million vehicles abroad. This is the first time that the symbolic million mark has been crossed in a month. Which corresponds to an increase of 70% in one year! If China continues at this pace, it will have exported 10 million vehicles at the end of the year, a doubling in three years. Europe is its main market, almost equally with Brazil and Russia, according to the Chinese site Gasgoo.
In certain countries of the European Union, the growth of Chinese brands is dazzling, with, for example, a surge of 140% over one year in…
AI outlook — possibilities, not facts
China will export 10 million vehicles by the end of the year.
Likely · Within months

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