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</html><thumbnail_url>http://bricsmagazine.com/en/wp-content/uploads/sites/2/2026/09/mashiny.jpg</thumbnail_url><thumbnail_width>1000</thumbnail_width><thumbnail_height>660</thumbnail_height><description>A structural shift has occurred in the global automotive market, and one of its key players is China. In just a few decades, the PRC has gone from being a peripheral player to the world's largest manufacturer and exporter of automobiles, radically reshaping the global balance of power in the auto industry. Today, the Chinese automotive sector is rapidly expanding into key global markets, including Russia. Local brands dominate both the domestic market and the global electric vehicle segment, setting new standards for technology, cost, and the speed of model lineup updates. BRICS Business Magazine explores how the country achieved such success.</description></oembed>
