Who leads in China’s carmaker race?

[SINGAPORE] China is the world’s leading car market. In 2024, some 31.4 million vehicles were sold there, compared to 15.9 million for the US, which is the next largest market. But it is also vastly different from other countries, with joint-venture manufacturers, major state-owned players and a focus on new energy vehicles.

We look at the top players – major manufacturers, popular brands and top-selling models – and why they have succeeded.