Chinese Automotive Supply Chain Expands Internationally with Major Investments in Europe and Southeast Asia
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.
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China's automotive supply chain is evolving towards internationalization, leveraging advances in intelligent electric vehicle technology and increasing global market share. Since October 2025, over 15 Chinese automakers and parts manufacturers have announced projects abroad with planned investments exceeding 70 billion yuan ($10.76 billion).
Key developments include CALB's investment in a €2.06 billion ($2.45 billion) battery plant in Portugal, set for delivery in 2027, and a joint venture between CATL and Stellantis in Spain with a planned investment of €4.1 billion, expected to begin production by late 2026. Additionally, Chery Automobile plans to build a factory in Vietnam with an investment of up to $800 million by mid-2026.
In 2025, China exported 8.32 million vehicles, a 30% increase year-on-year, with NEV exports rising 70% to 3.43 million units. Recent policy agreements with the EU and Canada are further supporting these international expansions.
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