---
title: "Global Times: How full-chain innovation, new production models power the rise of Chinese car brands"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/297426932.md"
description: "Chinese car brands are rising due to full-chain innovation and new production models. Domestic market share grew from 40.3% in 2023 to 77.4% in July 2026. Key drivers include mastery of NEV core technologies like batteries and AI, led by companies such as BYD, CATL, and Huawei. Additionally, 'super factories' utilizing automation and AI have revolutionized manufacturing efficiency and speed, establishing a vibrant industrial ecosystem."
datetime: "2026-08-30T12:16:44.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/297426932.md)
  - [en](https://longbridge.com/en/news/297426932.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/297426932.md)
generator: "portal-rs"
---

# Global Times: How full-chain innovation, new production models power the rise of Chinese car brands

In Beijing on August 30, 2026, significant data regarding China's automotive sector was disclosed. Key figures, 40.3 percent and 77.4 percent, hold particular importance in showcasing the industry's growth. The former represents the Chinese-brand passenger car market share within the domestic market in 2023, while the latter indicates this share as of July 2026. This notable increase highlights the progression and influence of Chinese automakers within the market.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**