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.
Shenzhen Terca Technology Co., Ltd.
Shenzhen Terca specializes in the production and sale of automotive retarders, which are typically used as a supplement or replacement for standard friction-based braking systems. The company exports its...
Zhejiang Yinlun Machinery Co., Ltd.
Zhejiang Yinlun Machinery specializes in the production of heat exchanger and emissions treatment products used in automobiles, construction machinery, agricultural machinery, locomotives, ships, and power...
Zhejiang Wanfeng Auto Wheel Co., Ltd.
Zhejiang Wanfeng Auto Wheel specializes in manufacturing alloy wheels primarily for passenger vehicles. The company exports to the United States, Japan, Germany, France, Russia, South Korea, and Brazil....
Ningbo Huaxiang Electronic Co., Ltd.
Ningbo Huaxiang specializes in designing and manufacturing automotive interior and exterior trims. In recent years, the company has been expanding rapidly through acquisitions both within China and in...
Tianjin Motor Dies Co., Ltd.
Tianjin Motor Dies specializes in the design and manufacture of auto die and moulds. Some of the company’s overseas customers include General Motors, Ford, Audi, BMW, Mercedes, Land Rover, Volvo, Chrysler,...