The ownership map

China's Car Brands: Explained

China's car market runs on a handful of giant groups, each fielding a stack of brands. Here is who owns what - the parent companies, the sub-brands, the Huawei alliance, and why the chart keeps changing.

Updated 3 Jul 2026

If you have tried to keep track of Chinese car brands, you have probably hit the same wall everyone does: there are dozens of names, they launch new ones every few months, and the same company often sells under three or four badges at once. The brand on the grille rarely tells you who actually owns the car.

The good news is that the chaos resolves into a short list. Most of China’s output comes from roughly a dozen groups. Each group runs a stack of brands - usually a mainstream badge, a premium one, and an electric or off-road spin-off - and the differences between them are about price and positioning, not separate companies. Learn the parents and the whole map clicks into place.

There are three things worth holding onto before you read the tree. First, ownership splits into private groups (BYD, Geely, Great Wall, and the newer challengers) and state-owned ones (SAIC, GAC, Changan, Dongfeng, FAW). Second, Huawei is not a carmaker - its HIMA brands are an alliance, a different relationship from ownership, and we flag it separately below. Third, this chart moves. Zeekr took majority control of Lynk & Co in 2024, Chery restructured its ownership in 2025, and stakes shift constantly.

The ownership map

Jump to any group below. Each group lists its brands in full further down.

BYD

BYD is the largest piece of the puzzle and the easiest to read. The core brand splits its line into two naming systems: the Dynasty series, named after Chinese dynasties (Han, Tang, Song, Qin, Yuan), and the Ocean series, named after sea creatures and water (Seal, Dolphin, Seagull). Dynasty leans traditional and upmarket; Ocean is younger and more design-led. Above the core brand sit the premium tiers - Fangchengbao for rugged and off-road models, Denza for executive cars, and Yangwang as the ultra-premium halo. All of them are BYD; the badges just mark the price ladder.

BYD logo

BYD

Privately owned

China's largest carmaker; a Dynasty/Ocean mainstream core under a premium ladder.

BYD logoBYD
BYD

Dynasty and Ocean model families

Privately owned · BYD

Denza logoDenza
Denza

Premium; now BYD-controlled (former Mercedes JV)

Privately owned · BYD

Fangchengbao logoFangchengbao
Fangchengbao

Rugged / off-road sub-brand

Privately owned · BYD

Yangwang logoYangwang
Yangwang
page coming

Ultra-premium flagship brand

Privately owned · BYD

Geely Holding

Geely Holding owns more brands, in more countries, than any other Chinese group. The core Geely brand carries the Galaxy NEV line for its electrified models. One level up sits Zeekr, the premium electric brand, which since 2024 controls a majority of Lynk & Co - so Lynk & Co is a grandchild of Geely Holding rather than a direct sibling of Geely. The group also holds Lotus, majority ownership of Volvo, the Volvo-and-Geely spin-off Polestar, and a 50/50 stake in Smart alongside Mercedes-Benz. Different continents, different design studios, one Chinese parent.

Geely Holding logo

Geely Holding

Privately owned

The most sprawling Chinese group; owns and part-owns brands far beyond China.

Geely logoGeely
Geely

Core brand; Galaxy NEV line

Privately owned · Geely Holding

Zeekr logoZeekr
Zeekr
page coming

Premium EV brand

Privately owned · Geely Holding

Lynk & Co logoLynk & Co
Lynk & Co

51% Zeekr / 49% Geely (completed Feb 2025)

Privately owned · Geely Holding

Lotus logoLotus
Lotus

British sports/EV brand, Geely-controlled

Privately owned · Geely Holding

Volvo logoVolvo
Volvo

Swedish; Geely is majority owner

Privately owned · Geely Holding

Polestar logoPolestar
Polestar

EV brand spun out of Volvo + Geely

Privately owned · Geely Holding

Smart logoSmart
Smart

50/50 joint venture with Mercedes-Benz

Privately owned · Geely Holding

Radar logoRadar
Radar
page coming

Riddara EV pickups

Privately owned · Geely Holding

Proton logoProton
Proton
page coming

Malaysian; Geely owns 49.9%

Privately owned · Geely Holding

Livan logoLivan
Livan
page coming

Privately owned · Geely Holding

Ji Yue logoJi Yue
Ji Yue
page coming

Geely + Baidu (wound down 2025)

Privately owned · Geely Holding

Huawei (HIMA)

This is the part almost every chart gets wrong. Huawei does not own these brands and does not build the cars. Under its HIMA model (Harmony Intelligent Mobility Alliance) Huawei supplies the software, electronics, and showroom experience, and a partner carmaker manufactures the vehicle. AITO is built by Seres. Luxeed is built by Chery. Stelato is built by BAIC. Maextro is built by JAC. The fifth brand, Shangjie, is built by SAIC. If you remember one thing here: Huawei is the technology partner, the OEM behind each badge is the actual owner.

Huawei (HIMA) logo

Huawei (HIMA)

Alliance

NOT an automaker. A tech alliance: Huawei supplies software/electronics, partner OEMs build the cars.

AITO logoAITO
AITO

Built by Seres

Tech alliance · Huawei (HIMA)

Luxeed logoLuxeed
Luxeed

Built by Chery

Tech alliance · Huawei (HIMA)

Stelato logoStelato
Stelato

Built by BAIC

Tech alliance · Huawei (HIMA)

Maextro logoMaextro
Maextro

Built by JAC

Tech alliance · Huawei (HIMA)

Shangjie logoShangjie
Shangjie
page coming

Built by SAIC (the fifth HIMA brand)

Tech alliance · Huawei (HIMA)

SAIC

SAIC is Shanghai’s state-owned group and the reason a “British” brand keeps topping European EV charts. MG is the export face; Wuling, maker of China’s runaway cheap city EVs, comes through the SAIC-GM-Wuling joint venture. Roewe covers the domestic mainstream and IM Motors is the premium-EV play, developed with Alibaba. Maxus (sold as LDV in some markets) rounds out the commercial side.

SAIC logo

SAIC

State-owned

Shanghai's state-owned giant; home of the exported MG brand.

MG logoMG
MG

Global export brand (British heritage)

State-owned · SAIC

Wuling logoWuling
Wuling

SAIC-GM-Wuling joint venture

State-owned · SAIC

Roewe logoRoewe
Roewe
page coming

State-owned · SAIC

IM Motors logoIM Motors
IM Motors
page coming

Premium EV brand (SAIC + Alibaba)

State-owned · SAIC

Maxus logoMaxus
Maxus
page coming

LDV in some export markets

State-owned · SAIC

GAC

The remaining state-owned majors follow the same pattern - a core brand plus electric and premium spin-offs. GAC runs the Aion EV brand with Hyptec as its premium tier (sold as Hyper in export markets), alongside the Trumpchi line of combustion and hybrid models.

GAC logo

GAC

State-owned

Guangzhou's state group; the Aion EV brand and its Hyptec premium tier.

Aion logoAion
Aion

Mainstream EV brand

State-owned · GAC

Hyptec logoHyptec
Hyptec

Premium tier of Aion (a.k.a. Hyper)

State-owned · GAC

Trumpchi (GAC) logoTrumpchi (GAC)
Trumpchi (GAC)
page coming

GAC-badged ICE/hybrid line

State-owned · GAC

Hycan logoHycan
Hycan
page coming

State-owned · GAC

Changan

Changan pairs its core brand with the Deepal EV sub-brand and Avatr, a three-way effort with Huawei and battery maker CATL that sits at the premium end.

Changan logo

Changan

State-owned

State-owned; a fast-growing NEV stable plus the Huawei/CATL-backed Avatr.

Changan logoChangan
Changan

Core brand

State-owned · Changan

Deepal logoDeepal
Deepal

EV/EREV sub-brand

State-owned · Changan

Avatr logoAvatr
Avatr
page coming

Changan + Huawei + CATL

State-owned · Changan

Qiyuan (Nevo) logoQiyuan (Nevo)
Qiyuan (Nevo)
page coming

NEV brand (Nevo in export markets)

State-owned · Changan

Oshan logoOshan
Oshan
page coming

SUV / MPV brand

State-owned · Changan

Kaicene logoKaicene
Kaicene
page coming

State-owned · Changan

Dongfeng

Dongfeng’s premium NEV push runs through Voyah, with the luxury off-road Mengshi badge above it.

Dongfeng logo

Dongfeng

State-owned

State group; premium NEV efforts led by Voyah.

Dongfeng logoDongfeng
Dongfeng

Core mainstream brand

State-owned · Dongfeng

Voyah logoVoyah
Voyah

Premium NEV brand

State-owned · Dongfeng

Mengshi logoMengshi
Mengshi
page coming

Luxury off-road brand

State-owned · Dongfeng

Aeolus logoAeolus
Aeolus
page coming

Mainstream brand (Fengshen)

State-owned · Dongfeng

eπ logo
page coming

NEV sub-brand

State-owned · Dongfeng

Forthing logoForthing
Forthing
page coming

SUV / MPV brand

State-owned · Dongfeng

Nammi logoNammi
Nammi
page coming

Small-EV brand

State-owned · Dongfeng

FAW

FAW is home to Hongqi, the flagship state-luxury marque used for official limousines, with Bestune covering the mainstream and Jiefang building the trucks.

FAW logo

FAW

State-owned

State group; home of China's flagship luxury marque, Hongqi.

Hongqi logoHongqi
Hongqi

State luxury brand

State-owned · FAW

Bestune logoBestune
Bestune
page coming

State-owned · FAW

Jiefang logoJiefang
Jiefang
page coming

Trucks

State-owned · FAW

Chery

Chery moved to a mixed-ownership structure in 2025 and is one of China’s biggest exporters, fronted globally by the younger Omoda and the off-road-styled Jaecoo brands. Lepas, launched in April 2025, is Chery’s most premium export brand. Jetour, Exeed, and iCar fill out the range at home and abroad.

Chery logo

Chery

Mixed ownership

Went mixed-ownership in 2025; a prolific exporter behind Omoda and Jaecoo.

Chery logoChery
Chery
page coming

Core export brand

Mixed ownership · Chery

Omoda logoOmoda
Omoda
page coming

Younger global sub-brand

Mixed ownership · Chery

Jaecoo logoJaecoo
Jaecoo

Off-road-styled global sub-brand

Mixed ownership · Chery

Lepas logoLepas
Lepas

Premium global sub-brand, launched April 2025

Mixed ownership · Chery

Jetour logoJetour
Jetour
page coming

Mixed ownership · Chery

Exeed logoExeed
Exeed
page coming

Mixed ownership · Chery

iCar (iCAUR) logoiCar (iCAUR)
iCar (iCAUR)
page coming

Mixed ownership · Chery

Great Wall Motors

Great Wall Motors (GWM) takes a different approach: instead of one badge it organises around model-led brands - Haval for mainstream SUVs, Tank for serious off-roaders, Wey for premium, and Ora for small city EVs. Same company, four front doors.

Great Wall Motors logo

Great Wall Motors

Privately owned

Privately controlled; organised into model-led brands rather than one badge.

Haval logoHaval
Haval
page coming

Mainstream SUV brand

Privately owned · Great Wall Motors

Tank logoTank
Tank

Rugged off-road brand

Privately owned · Great Wall Motors

Wey logoWey
Wey
page coming

Premium brand

Privately owned · Great Wall Motors

Ora logoOra
Ora
page coming

City-EV brand

Privately owned · Great Wall Motors

Poer logoPoer
Poer
page coming

Pickups

Privately owned · Great Wall Motors

NIO

Not every name belongs to a sprawling group. The challenger automakers are standalone companies that each own their full stack. NIO runs a three-brand ladder: the premium NIO badge, the family-focused Onvo (sold as Ledao in China), and the small-car Firefly.

NIO logo

NIO

Privately owned

Independent EV maker with a three-brand price ladder.

NIO logoNIO
NIO

Premium core brand

Privately owned · NIO

Onvo logoOnvo
Onvo

Family brand (Ledao in China)

Privately owned · NIO

Firefly logoFirefly
Firefly
page coming

Small-car brand

Privately owned · NIO

Independent automakers

Li Auto built its name on range-extender SUVs, XPeng on driver-assistance technology, and Xiaomi crossed over from smartphones. Leapmotor is independent too, though Stellantis holds a stake and handles a chunk of its overseas sales. And a couple of these companies are quietly the real OEMs behind the Huawei badges above - Seres builds AITO, while BAIC, parent of Arcfox, builds Stelato.

Independent automakers

Privately owned

Standalone companies - some are the real OEMs behind alliance brands above.

Li Auto logoLi Auto
Li Auto

EREV pioneer

Privately owned · Independent automakers

XPeng logoXPeng
XPeng

Smart-EV maker

Privately owned · Independent automakers

Xiaomi logoXiaomi
Xiaomi

Phone giant turned carmaker

Privately owned · Independent automakers

Leapmotor logoLeapmotor
Leapmotor

Stellantis holds a stake

Privately owned · Independent automakers

Seres logoSeres
Seres
page coming

Builds AITO for Huawei

Privately owned · Independent automakers

BAIC logoBAIC
BAIC
page coming

State-linked; builds Stelato for Huawei

Privately owned · Independent automakers

Arcfox logoArcfox
Arcfox

BAIC's premium EV brand

Privately owned · Independent automakers

Sino-foreign joint ventures

Volkswagen, Toyota, Honda, and GM build their China lineups locally, through a joint venture with a domestic partner. From 1994 until the cap was lifted in 2022, Chinese policy capped foreign ownership of a passenger-car plant at 50%, so any foreign automaker manufacturing there needed a local co-owner (Tesla’s wholly foreign-owned Shanghai plant, opened under an earlier carve-out for electric vehicles, was the exception that preceded the general 2022 repeal). SAIC, FAW, and GAC - the same three groups covered above - ran more than one of these joint ventures at a time because, as the largest state-owned automakers, they had the capital and government backing to take on multiple foreign partners: SAIC with both Volkswagen and GM, FAW with both Volkswagen and Toyota. The rule no longer applies to new plants, but the joint ventures below still build under their original names.

Sino-foreign joint ventures

Mixed ownership

Not a group - the partnerships that let foreign automakers build passenger cars in China at all.

SAIC logoSAIC
SAIC
page coming

SAIC Volkswagen, founded 1985

Mixed ownership · Sino-foreign joint ventures

Volkswagen logoVolkswagen
Volkswagen

German half of SAIC Volkswagen

Mixed ownership · Sino-foreign joint ventures

FAW logoFAW
FAW
page coming

FAW-Volkswagen, founded 1991

Mixed ownership · Sino-foreign joint ventures

Volkswagen logoVolkswagen
Volkswagen

German half of FAW-Volkswagen

Mixed ownership · Sino-foreign joint ventures

GAC logoGAC
GAC
page coming

GAC Toyota, founded 2004

Mixed ownership · Sino-foreign joint ventures

Toyota logoToyota
Toyota

Japanese half of GAC Toyota

Mixed ownership · Sino-foreign joint ventures

FAW logoFAW
FAW
page coming

FAW Toyota, the other Toyota JV alongside GAC Toyota

Mixed ownership · Sino-foreign joint ventures

Toyota logoToyota
Toyota

Japanese half of FAW Toyota

Mixed ownership · Sino-foreign joint ventures

GAC logoGAC
GAC
page coming

GAC Honda, founded 1998 as Guangzhou Honda

Mixed ownership · Sino-foreign joint ventures

Honda logoHonda
Honda

Japanese half of GAC Honda

Mixed ownership · Sino-foreign joint ventures

SAIC logoSAIC
SAIC
page coming

SAIC-GM, founded 1997; sibling of the SAIC-GM-Wuling venture behind Wuling

Mixed ownership · Sino-foreign joint ventures

GM logoGM
GM

American half of SAIC-GM

Mixed ownership · Sino-foreign joint ventures

Why the chart keeps changing

Chinese carmakers restructure faster than almost any industry on earth. Stakes get bought and sold, joint ventures form and dissolve, and brands get folded into their parents or spun back out within a year or two. The 2024 Lynk & Co reshuffle and Chery’s 2025 ownership change are recent examples, and there will be more by the time you read this. We keep this map current and date every update, so the relationships above reflect the latest known structure rather than a snapshot from two years ago.

Frequently asked questions
Who owns AITO?
AITO is part of Huawei's HIMA alliance, but the cars are built by Seres. Huawei supplies the software, electronics, and retail; Seres manufactures. Huawei does not own AITO, and it does not build the cars itself.
Is Lynk & Co a Geely brand?
Yes, but indirectly. Since 2024 Lynk & Co is 51% owned by Zeekr and 49% by Geely Auto. Both Zeekr and Geely Auto sit under Geely Holding, so Lynk & Co remains firmly inside the Geely family - just one level down, under Zeekr.
Who makes Zeekr?
Zeekr is a premium electric brand owned by Geely Holding, the same parent behind Geely, Lotus, Volvo, Polestar, and Smart. Zeekr also controls a majority of Lynk & Co.
Is Huawei a car company?
No. Huawei does not own or manufacture cars. Through its HIMA model it partners with carmakers - Seres (AITO), Chery (Luxeed), BAIC (Stelato), JAC (Maextro), and SAIC (Shangjie) - supplying the smart-car technology while the partner builds the vehicle.
Who owns Volvo, Polestar, and Lotus?
All three sit under China's Geely Holding. Geely is the majority owner of Volvo Cars, Polestar was spun out of Volvo and Geely, and Lotus is Geely-controlled. They keep their own design and engineering, but the parent is Chinese.
Are Chinese car brands state-owned or private?
Both. SAIC, GAC, Changan, Dongfeng, and FAW are state-owned groups. BYD, Geely, Great Wall, NIO, Li Auto, XPeng, and Xiaomi are privately held. Chery moved to a mixed-ownership structure in 2025.
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Updated 3 Jul 2026

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