Top 7 China-based Automotive Suppliers in 2021 by Revenue

BYD Co Ltd, Harbin Dongan Auto Engine Co Ltd, Zhejiang WanliYang Co Ltd, Lifan Technology Group Co Ltd, and Landau Technology Group Corp Ltd are the top 5 automotive suppliers in China in 2021 by revenue. Collectively, the top 7 China-based Automotive Suppliers generated revenue of $36,315 million, with average revenue growth of 21.3%. BYD Co Ltd generated the highest revenue ($32,760 million), followed by Harbin Dongan Auto Engine Co Ltd ($1,021 million), and CBAK Energy Technology, Inc generated the lowest revenue ($53 million). The highest revenue increase was registered by CBAK Energy Technology, Inc (40.2%), followed by BYD Co Ltd (37.7%), and Landai Technology Group Corp Ltd (30.3%), while the lowest revenue growth was registered by Lifan Technology Group Co Ltd (9.4%), only 1 out of the top 7 companies (Zhejiang WanliYang Co Ltd) had a revenue decline in 2021. BYD Co Ltd is the leading automotive supplier based in China by revenue in 2021. The company reported revenues of $32,760 million for the fiscal year ended December 2021 (FY2021), an increase of 37.7% over FY2020, owing to an increase in sales volume and the launch of new models and technologies. The company develops, manufactures, and sells rechargeable batteries, IT components and automobiles, LCD/LCM, plastic casing, keypad, FPC, camera lenses, and chargers, Automobile products include high-end, medium-end, and low-end cars, and whole car molds, auto parts, DM (dual mode) and pure electric vehicle. It offers its products and services to handset manufacturers, electric power tools, and other portable electronic equipment manufacturers. The company operates across the Americas, Europe, Japan, India, Hong Kong, and other regions, with employs 288,200 people. Harbin Dongan Auto Engine Co Ltd is one of the leading companies in automotive supplier based in China by revenue in 2021. The company reported revenues of $1,021 million for the fiscal year ended December 2021 (FY2021), an increase of 22.3% over FY2020. It operates as a manufacturer of engines for mini vehicles and the key products and services of the company are Engine and Transmission products, Spare Parts, Forged Castings and Hydraulic Parts, Purchase and Sale of Automobiles, Import and Export of Goods and Technology, and Warehousing Services.