Automobile manufacturers and brands of China

This measure was implemented to protect local manufacturers and provide it with the chance to bridge the technology gap and develop their brands.

The National Development and Reform Commission (NDRC) of China announced that foreign ownership limits on automakers would be phased out over a 5-year period.

[23][24] On 28 July 2018, China lifted foreign ownership restrictions on new energy vehicle production, which benefited American electric car manufacturer Tesla, Inc.

However, a reversal occurred in the 2020s, with Western manufacturers now seeking technological assistance from Chinese counterparts and invested in China through joint ventures.

[32] Several Chinese electric vehicle startups have leveraged their technological advantages, attracting investments from traditional Western automotive giants such as Renault-Nissan, VW, BMW, Mercedes-Benz, Toyota and Stellantis.

Xiaomi is the first and the only Chinese tech company that is directly involved in automotive design, development and manufacturing, and operates its factory in Beijing.