China’s carmakers were responsible for 21 percent of global sales in 2024, according to consulting group AlixPartners. They are projected to account for 30 percent in 2030.

China, already the world’s largest automobile market, “has overtaken Detroit as the center of the global auto industry,” writes the New York Times. The country’s manufacturers are not stopping there, however.

“China now has an incredible — and I would argue unprecedented — capacity to supply over half the global market for cars, which is typically around 90 million cars a year,” according to Brad Sester of the Council on Foreign Relations.

The scholar asks whether China will take over the global auto industry. The answer: Probably not.

China’s automobile sector is certainly big. There are, after all, about 150 passenger car manufacturers in China — 97 domestic manufacturers and 43 joint ventures with foreigners. New companies are still entering the crowded market.

Some of those car companies are doing well. In an industry where 70 percent factory utilization is the general dividing line between profitability and failure, Tesla in........

© The Hill