Automotive industry in China ownership is expected to accelerate. China surpassed Japan to become the world's second-largest vehicle market in 2006, and passed the United States to become the largest in 2009. This growth is spurring demand for automotive parts, services, and after-care products. China is presently capable of manufacturing a complete line of automobile products and large automotive enterprises. Major domestic firms include the China First Automobile Group Corp. (FAW), Dongfeng Motor Corp. (DMC) and Shanghai Automotive Industry (Group) Corp. (SAIC). China encourages the development of clean and fuel efficient vehicles in an effort to sustain continued growth of the country’s automobile industry
New energy vehicles in China energy vehicle sales since 2011, of which, 45.0% were sold in 2017, 29.3% in 2016, and 19.2% in 2015. , China had the world's largest fleet of light-duty plug-in electric vehicles with over 1.2 million units, after having overtook during 2016 both the U.S. and Europe in terms of cumulative sales. China has been the world's best-selling plug-in electric car market for three years running since 2015, with annual sales of more than 207,000 plug-in passenger cars in 2015; 320,000 in 2016; and record sales of about 600,000 passenger plug-in car sales in 2017, which accounted for about half of