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Chinese Automakers Look to Developing Countries to Boost Sales and Production

by Eric Olander
SUVs made by the Chinese automaker Chery are among the best selling in South Africa. Image via Chery South Africa.

The war in Ukraine opened new production opportunities for Chinese automakers in Central Asia, while growing demand in Latin America and South Asia for SUVs and EVs has sparked a new sales push in those regions by some of China’s largest car brands:

  • SOUTH ASIA: BYD Auto, the Warren Buffet-backed Chinese electric vehicle firm, opened its first passenger vehicle showroom in Chennai. It was the first step in BYD’s bold ambitions for India: By 2030, BYD hopes to capture at least 40% of the Indian EV market. (QUARTZ)
  • CENTRAL ASIA: The first Chinese cars assembled in Uzbekistan are hitting the road as Chinese companies expand manufacturing in Central Asia while Russian firms retreat under sanctions. (EURASIA NET)
  • LATIN AMERICA: BYD launched a new partnership with Saga Group, the largest dealership group in Brazil, and established its first store in the capital city of Brasília. Currently, BYD operates 10 dealerships in Brazil, with franchises across 31 major cities. (GLOBAL TIMES)

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