Article

China's automotive supply chain is increasingly international, with over 15 automakers and parts manufacturers announcing projects abroad, totaling investments over 70 billion yuan ($10.76 billion) since October 2025. Notable initiatives include CALB's €2.06 billion battery plant in Portugal and a €4.1 billion joint venture between CATL and Stellantis in Spain. Additionally, Chery Automobile plans a factory in Vietnam, contributing to a 30% year-on-year increase in vehicle exports, particularly in new energy vehicles.