The automotive industry comprises a wide range of companies and organizations involved in the design, development, manufacturing, marketing, selling, repairing, and modification of motor vehicles. It is one of the world's largest industries by revenue.
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities.
Dongfeng Honda Automobile Co., Ltd. is an automobile manufacturing company headquartered in Wuhan, China, and a 50:50 joint-venture between Dongfeng Motor Group and Honda Motor Company. It currently produces a variety of Honda models also available in other markets and a handful of China-only products. The company sells vehicles under the Honda and Ciimo marques.
Honda Automobile (China) Co., Ltd. previously known as China Honda Automobile Co., Ltd. (CHAC) was a joint venture automobile manufacturing plant owned by Honda and Chinese companies GAC Group and Dongfeng Motor Group. The plant solely produced vehicles for international exports, while vehicles for domestic market supply are manufactured by 50-50 joint ventures Dongfeng Honda and Guangqi Honda.
GAC Changfeng Motor Co Ltd is a Chinese automobile manufacturer wholly owned by GAC Group but which originated as a branch of the People's Liberation Army. Changfeng produced mainly light trucks, and as of 2008 the majority of their sales had been to the Chinese state.
Guangzhou Automobile Group Co., Ltd. is a Chinese state-owned automobile manufacturer headquartered in Guangzhou, Guangdong. Founded in 1954, it is currently the fifth largest automobile manufacturer in China, with 2.144 million sales in 2021.
Everus is a car marque of GAC Honda, a joint venture between Honda and Guangzhou Automobile Group. Honda became the first foreign automaker to develop vehicles under a brand owned by its local joint venture automaker in China. Li Nian launched its first car, the S1 at the Shanghai Auto Show in April 2011.
GAC Honda Automobile Co., Ltd. is a Chinese automobile manufacturing joint venture company based in Guangzhou, Guangdong province.
Gonow is a Chinese manufacturer of automobiles, commercial vehicles and SUV's headquartered in Taizhou, Zhejiang and a subsidiary of GAC Group. It markets its products under the brand name GAC Gonow in China and as Gonow in other markets.
The electric vehicle industry in China is the largest in the world, accounting for around 58% of global production of electric vehicles (EVs) and more than 1.5 million exports in 2023. In 2023, CAAM reported China had sold 9.05 million passenger electric vehicles, consisting 6.26 million BEVs and 2.79 million PHEV. China also dominates the plug-in electric bus and light commercial vehicle market, reaching over 500,000 buses and 247,500 electric commercial vehicles in 2019, and recording new sales of 447,000 commercial EVs in 2023.
The Nanjing Fiat Automobile Co., Ltd. was a car manufacturer located in the Jiangning District's Economic & Technological Development Zone in the city of Nanjing. The company was founded with an investment of 3 billion Yuan in April 1999 as a joint venture between Fiat Auto S.p.A. and the Nanjing Automobile Group. Around 30,000 up to 35,000 vehicles were manufactured annually for the Chinese market by Nanjing Fiat.
GAC Fiat Chrysler Automobiles Co., Ltd. was an automobile manufacturing company headquartered in Changsha, China. It was a 50:50 joint-venture between the GAC Group and Stellantis. The company was founded on 9 March 2010. Fiat agreed to invest an initial US$559 million in the venture.
Guangzhou Automobile Group Co., Ltd. Bus (GAAC), is the part of the Guangzhou Automobile Group (GAC) that manufactures buses in China. It was formed in 2008 by merging two divisions of GAC, Guangzhou Denway Bus, Guangzhou Yuelong Bus and Guangzhou Isuzu Bus, into one. Buses are produced using Isuzu technology. They were merged after Isuzu withdrew from its joint venture. The brands, are to be integrated into the Guangzhou brand.
GAC Aion New Energy Automobile Co., Ltd., trading as GAC Aion, is a Chinese electric vehicle manufacturer headquartered in Guangzhou, China. A subsidiary of GAC Group, it was established in 2017 as the GAC New Energy Automobile. Its current name was adopted in November 2020. It produces battery electric vehicles under the eponymous Aion brand and the premium Hyptec brand.
The Aion LX is a mid-size electric crossover SUV produced by GAC Aion. It was revealed at Auto Shanghai in April 2019.
GAC Mitsubishi Motors Co., Ltd. was a joint venture automobile manufacturing company headquartered in Changsha, China. Established in 2012, it was the second vehicle manufacturing joint venture of Mitsubishi Motors in China after Soueast.
Hycan Automobile Technology is a Chinese electric vehicle manufacturer headquartered in Guangzhou, China.
GAC Hino is a joint venture between Hino and GAC aimed at producing Hino-based trucks and headquartered in Guangzhou, China, where it has its single assembly facility.
There are currently about 150 active brands in the Chinese automobile market. Among them are 97 Chinese domestic brands and 43 joint venture (JV) brands. Before 2010, the traditional "Big Four" refers to the four major state-owned car manufacturers, SAIC, FAW, Dongfeng and Changan. Other Chinese car manufacturers, both from public and private sectors, like Geely, BAIC, BYD, Chery, GAC, Great Wall, JAC and Seres emerged as the major players with the expansion of Chinese automotive industry.
