In markets like Europe and the US, many multinational companies are proactively adopting and adapting Chinese technologies. Stellantis has partnered with Leapmotor on electric powertrains. In July, CATL and Octopus Energy, the UK"s largest energy supplier, announced the establishment of a joint venture to introduce China"s Qiji battery-swapping technology to Europe and jointly develop battery-swapping hubs there.

　　Overcoming challenges

　　Going global has never been an easy journey, as the overseas policy environment has become increasingly volatile in recent years.

　　In 2023, Turkey imposed an additional 40 percent tariff on Chinese electric vehicles. In 2024, the EU imposed countervailing duties of up to 35.3 percent on Chinese EVs, while the US imposed a 100-percent tariff on China-made EVs. In 2026, Mexico imposed tariffs of up to 50 percent on passenger vehicles from countries with which it does not have free trade agreements.

　　"Chinese companies face different challenges in different regions. This is an inevitable stage in their global expansion, a comprehensive test as well as an opportunity to gain experience," said Luo Hao, assistant to the general manager of BYD"s branding and public relations department.

　　Chinese automakers have managed to achieve impressive growth despite headwinds in the global market. For instance, Geely has invested in Malaysian national carmaker Proton, providing support in technology, management and supply chain resources.

　　The going-global of China"s NEV industry has followed an inclusive approach to economic globalization, providing consumers around the world, particularly in Global South countries, with high-quality, cost-effective vehicles that suit local economic conditions, everyday needs and purchasing power.