Analysis of China's Passenger Car Market by CEO of Gaishi Automotive

On July 23, 2025, at the Automotive Smart Glass Innovation Technology and Application Conference, Zhou Xiaoying, CEO of Gaishi Automotive, conducted a thorough analysis of the current state of the Chinese passenger car market. She pointed out that the automotive industry is facing intense competition and the traditional sectors are nearing saturation. However, the large capacity and low per capita ownership in the Chinese market present significant potential, attracting numerous global brands. Additionally, China's achievements in automotive parts and complete vehicle exports are remarkable, with domestic brands performing impressively in global rankings and actively expanding overseas, showcasing industrial strength and upward momentum. Zhou emphasized the need to recognize positive changes such as the emergence of new cooperation models and global recognition of innovative technologies, while also addressing challenges like the prevalence of price wars and sales profit margins below industrial averages. She stressed the importance of achieving healthy and sustainable development in the automotive sector. Zhou also analyzed the sales data from the first half of the year and predicted that driven by demand for new energy and overseas expansion, the passenger car market will continue to grow, and the market share of domestic brands is expected to rise further. Zhou's speech provided insights into the fierce competition in the automotive sector and the significant opportunities present in the Chinese market. Despite challenges, the potential for growth in China's automotive market remains high, with increasing recognition of domestic brands and their innovative technologies both locally and globally.