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Brazilian President Luis Intyy Lula Lula da Silva and the Great Chinese Motor Motor (GWM) Mu -Fand Visit the GWM Automobile Factory on August 15, 2025, in Word Paulo, Brazil.
Chinese News Service Chinese News Service Gets the image
Beijing – Chinese electric companies increase investment in foreign factories as they increase competition against Tesla and other world automakers.
For the first time after the records returned until 2014, last year the Chinese network supplies have entered more outside the country than at home, according to the Rhodium Group Consulting Firm Bit on Monday.
The bulk of the announced foreign investment, or 74%, was at the battery factories, the report said. But he noted that investments in assembly abroad are also “growing rapidly”.
Expenditure plans come as Chinese automakers confronts with intense competition at home and higher export tariffs. Increasing investment abroad can help Chinese enterprises gain support for foreign governments in market expansion.
“Increasing the control over the regulation in the host markets, such as the EU, creates barriers to entry, and will push more Chinese companies to create local production operations,” the delivery said.
The internal investment of the Chinese electric vehicles into production fell up to $ 15 billion in 2024 from $ 41 billion in 2023 – after reaching the maximum in 2022 in the projects announced, according to Rhodium.
While foreign investments remained much lower, they for the first time “narrowly exceeded” the internal levels in 2024, the report said without sharing the exact figure.
More deals in the pipeline
The car was the second most active sector for Chinese investments in the second quarter of this year, according to a separate study of Rhodium, published in late July. The sector of materials and metals ranks first.
“We have recorded a higher than the usual EV Parts manufacturers’ activities, and eight transactions exceed $ 100 million,” the July report said. “The largest of them was headed by GEM, a Chinese battery manufacturer, which made $ 293 million to expand its end in Indonesia.”
Several foreign factory projects announced in recent years have also started activities.
Big wall engine announced the weekend he opened his The first factory in Brazil Local time on Friday. Company too As reportedly considering another factory in the region And it will decide as soon as the middle of next year. The Chinese carmaker did not immediately respond to the CNBC request about the comment.
Bake also started production first Brazilian factory in Julydespite fine Earlier in the year over work practice. This year, since July, the Chinese electric car has sold more than 545,000 vehicles abroad, which exceeds the total amount of more than 417,000 cars throughout 2024, according to CNBC’s calculations about publicly disclosed data.
Earlier this summer is the Chinese battery supplier announced in June officially started production at its first factory in France.
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However, these investments abroad make up only completed projects.
Only 25% of all the announced overseas production plans of the Chinese electric vehicles were completed, which is much lower than 45% for those at home, stated in the report on Monday, noting that projects on the country are twice as much as cancellation.
“Chinese firms will also have to manage Increasing Beijing’s concern about technology leakage.
—Cnbc Victoria eo has contributed to this report.
