Chinese car companies are making rapid progress in the global market

As reported on the Bloomberg News website on September 12. 

Thanks to domestic demand for electric vehicles, Chinese local car companies have greatful success. 

Compared with foreign competitors in China, Chinese car is one of the world's largest auto market. 

According to reports, BYD alone accounts for about 10% of the Chinese automobile market. 

It sells electric vehicles at all price points, from affordable models like the Seagull and Dolphin to high-end models. 

It has fueled the automaker's rapid growth.

Currently, 11 of the 20 largest-selling car brands in China are local companies.