China’s state-owned car giants embrace home-grown tech to dominate EV market
State-owned carmakers like SAIC and FAW are tying up with domestic firms to recover market share from nimble privately owned rivals

China’s state-owned carmakers are realigning their operations on the mainland, forming tie-ups with domestic partners after relying on foreign marques for decades, as they focus on electric vehicles (EV) in the world’s largest market for clean-energy cars.
“Young consumers are no longer convinced of the foreign auto brands’ design and performance,” said Zhao Zhen, a sales director at Shanghai dealer Wan Zhuo Auto. “Their changing tastes have prompted state-owned carmakers to enlist the help of Chinese technology groups and smaller counterparts.”
Only four state-backed carmakers were among the mainland’s top 10 EV assemblers in terms of sales this year, according to data from the China Passenger Car Association (CPCA).
