![]() ![]() SAIC owns two other notable brands: MG and Roewe. This company has been involved with numerous mergers and acquisitions. Need To Know: SAIC is currently the second-largest Chinese automaker. In 2010, SAIC sold 3.5 million units, which was the most significant output of any Chinese auto manufacturer that year. The Brand: While SAIC Motor’s history dates back to the 1940s, it was officially founded in 1997 in Shanghai, China. This brand is focused on creating electric cars that are also cost-effective. Need To Know: In 2020, Hozon Auto launched two new electric vehicle platforms and three different types and levels of models. Hozon has eight global distribution locations, Today, the company is based in four different countries: China, USA, Germany, and Italy. The Brand: Hozon Auto was co-founded in 2014 by Beijing Sinohytec and Zhejiang Yangtze. A subsidiary of Berkshire Hathaway is also a significant shareholder, with a 9% stake. The Chairman, Wang Chuanfu, is the company’s largest shareholder at a 23% stake. Need To Know: Besides their other products, BYD designs electric and hybrid cars. Since then, BYD has also started producing cell phones and solar cell manufacturing. It wasn’t until 2003 that this brand began producing vehicles. The Brand: Established in 1995, BYD was originally a battery manufacturer. That same year, it released its new mission to be more sustainable through five core values: “Anti-Corruption, Honesty, Innovation, Changes, and Sharing.” Great Wall Motors owns four other brands: HAVEL, WEY, ORA, and GWM Pickup. Need To Know: In 2020, GWM sold over 1 million vehicles, maintaining its reputation for high sales. In 2002, GWM created the first Chinese economic SUV, which has been popular ever since. Since 1998, this company has been ranked number one in sales and export volume every year. The Brand: Great Wall Motors Company, also known as GWM, produced their first car in 1993. ![]() The Living Engine is the key concept as the primary system and includes a virtual assistant and facial recognition. Need To Know: Weltmeister’s cars are created around three core concepts: the Living Pilot, the Living Engine, and the Living Motion. Weltmeister is a leader in battery electric vehicles, offering a network of over 200,000 public chargers in China. Its vehicles are manufactured in Wenzhou, China, with a capacity of 100,000 units. The Brand: Owned by WM Motor Technology, Weltmeister was founded in 2015 by Freemen Shen. Electric | Luxury | Affordable Top Chinese electric car brands #1. ![]()
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