Automotive
China is the world’s largest vehicle market, selling more than 28 million cars and trucks in 2016, compared with 18 million in the United States. Almost all the vehicles sold in China are made in China, supporting a diverse ecosystem of 76 component making conglomerates, and 184 vehicle assemblers, in addition to dozens of indigenous brands.
After a decade of double-digit growth, the market is now starting to mature. Most urban households have already purchased at
least one car, and, according to McKinsey & Company, half of those households are considering “trading up” to newer and better models. Meanwhile, the shape of China’s auto industry could change radically if Chinese authorities make good on their promise to eventually prohibit the sale of fossil-fuel-powered vehicles, in favor of those powered by batteries. Faced with the need to adapt, Chinese domestic auto makers are scouting the globe to buy premium brands, advanced technologies, and companies capable of conducting R&D into electric vehicles.
Shandong Longji Machinery Co., Ltd.
Shandong Longji Machinery specializes in manufacturing braking system components, including brake discs and pads. The company operates as an original equipment manufacturer for global brands such as India-based...
Zhejiang Jingu Co., Ltd.
Zhejiang Jingu manufactures steel wheels for passenger cars, trucks, and other types of vehicles. The company also offers post-sale customer support services, including wheel maintenance and insurance....
Zhejiang Longsheng Auto Parts Co., Ltd.
Zhejiang Longsheng specializes in the development and production of car seats and related parts. The company so far has primarily focused on the domestic China market.
Haima Automobile Group Co., Ltd.
Haima Automobile Group manufactures minivans, new energy vehicles, and other types of passenger vehicles. The company was initially established as a joint venture with Japan’s Mazda in 1992. Today, Haima...
Jiangnan Mould & Plastic Technology Co., Ltd.
Jiangnan Mould & Plastic Technology is mainly engaged in the development, manufacture, and sale of auto parts, such as bumpers, rubbing strips, and other plastic products. The company's clients include...