Chinese carmakers win emerging markets as EVs accelerate
Chinese carmakers capture emerging markets as EV momentum grows
Chinese carmakers win emerging markets as EVs accelerate
Chinese brands like BYD, GWM, and Changan gain share across Thailand, Chile, Australia, and Brazil, reshaping emerging auto markets as EV adoption accelerates.
2025-10-23T17:50:53+03:00
2025-10-23T17:50:53+03:00
2025-10-23T17:50:53+03:00
Chinese carmakers are rapidly expanding across Asia, Africa, and South America, where price still calls the shots. In developing economies, buyers tend to choose affordable models, and Chinese vehicles come in more competitively priced than rivals from Europe, Japan, Korea, and the United States. The momentum is especially pronounced in the electric-vehicle segment.The numbers speak for themselves: Chinese brands have reached a 32% share in Thailand, 30% in Chile, and nearly 17% in Australia. In Brazil, their presence rose from 6.8% in 2024 to 9.1% in 2025, putting them fourth behind Fiat, Volkswagen, and Chevrolet. For value-focused shoppers, that mix of pricing and product breadth clearly resonates.Names like BYD, GWM, and Changan are pushing aside long-standing leaders, including Toyota, Renault, and Ford. Analysts note that the future of the global auto industry is being shaped in these markets, where a new ranking of top models is taking form. Judging by the pace of change, this looks less like a short-term spike and more like a recalibration of who sets the benchmark.
Chinese carmakers, emerging markets, EVs, BYD, GWM, Changan, Thailand, Chile, Australia, Brazil, market share, affordable cars, developing economies, global auto industry, expansion
2025
Michael Powers
news
Chinese carmakers capture emerging markets as EV momentum grows
Chinese brands like BYD, GWM, and Changan gain share across Thailand, Chile, Australia, and Brazil, reshaping emerging auto markets as EV adoption accelerates.
Michael Powers, Editor
Chinese carmakers are rapidly expanding across Asia, Africa, and South America, where price still calls the shots. In developing economies, buyers tend to choose affordable models, and Chinese vehicles come in more competitively priced than rivals from Europe, Japan, Korea, and the United States. The momentum is especially pronounced in the electric-vehicle segment.
The numbers speak for themselves: Chinese brands have reached a 32% share in Thailand, 30% in Chile, and nearly 17% in Australia. In Brazil, their presence rose from 6.8% in 2024 to 9.1% in 2025, putting them fourth behind Fiat, Volkswagen, and Chevrolet. For value-focused shoppers, that mix of pricing and product breadth clearly resonates.
Names like BYD, GWM, and Changan are pushing aside long-standing leaders, including Toyota, Renault, and Ford. Analysts note that the future of the global auto industry is being shaped in these markets, where a new ranking of top models is taking form. Judging by the pace of change, this looks less like a short-term spike and more like a recalibration of who sets the benchmark.
