With the continuous development of China's automobile industry, Chinese independent brands are developing rapidly.

With the continuous development of China's automobile industry, Chinese independent brands are developing rapidly. Although China's independent brand cars started relatively late, relying on the rapid development of the domestic automobile market, Chinese independent brand cars have started with low-end models and low price strategies, rapidly expanding production and sales scale, and forming a high market share in the domestic market. Their market competitiveness has also continued to improve. According to data from the China Association of Automobile Manufacturers, the sales volume of Chinese brand passenger cars in 2023 was 14.596 million units, a year-on-year increase of 24.05%, and the market share reached 56.00%, an increase of 6.07 percentage points from the previous year. In the future, with the development of China's automobile market, the share of independent brand cars will further increase.