Ĭhina's automobile industry can be traced back to the early origin of Changan Automobile in 1862. China's home market provides its automakers a solid base and Chinese economic planners hope to build globally competitive auto companies that will become more and more attractive and reliable over the years. In the first half of 2023, China overtook Japan to become the world's largest exporter of automobiles, exporting 2.34 million vehicles compared to 2.02 million for Japan. While most of the cars manufactured in China are sold within China, exports – accounting for 11.5% of total production – reached 3.11 million units in 2022, making the country the world's second biggest car exporter. In addition, several multinational manufacturers have partnerships with domestic manufacturers. Other Chinese car manufacturers are Geely, Beijing Automotive Group, Brilliance Automotive, BYD, Chery, Guangzhou Automobile Group, Great Wall and Jianghuai (JAC). The traditional "Big Four" domestic car manufacturers are SAIC Motor, Dongfeng, FAW and Chang’an. Since 2009, annual production of automobiles in China accounted for more than 32% of worldwide vehicle production, exceeding both that of the European Union and that of the United States and Japan combined. The automotive industry in China has been the largest in the world measured by automobile unit production since 2008. Geely Borui was named 2016 China "Car of the Year" BYD Tang was named top selling plug-in passenger vehicle in China in 2016
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