Key facts
- Domestic Chinese EV brands continue to dominate the market.
- Foreign automakers held a 30.3% market share in China in April.
- Approximately 418,140 vehicles were sold by foreign marques in China in April.
International automotive brands have lost ground in the Chinese market after failing to sustain early-year gains, as domestic electric vehicle (EV) manufacturers continue to dominate. In April, foreign carmakers, including prominent names like Volkswagen and Toyota, collectively held a 30.3 per cent share of the Chinese automotive market, delivering approximately 418,140 vehicles to local customers, according to data from the China Passenger Car Association (CPCA). This indicates a resurgence in momentum for Chinese EV brands, attributed to their technological upgrades and the impact of consumer incentives, which have seemingly outweighed the appeal of foreign marques.