The 2024 Chinese Automotive Overseas (Chile) Tour recently opened in Santiago, the capital of Chile, with fuel vehicles, electric vehicles, electric buses and other products from 15 Chinese brands including BYD, Changan Auto and Chery showcased. According to the statistics of the National Automotive Association of Chile, 35.4% of the light and medium-sized vehicles sold in Chile in 2023 were made in China, and 33 Chinese automotive brands have been sold in the country. In recent years, Chinese vehicle brands have taken the lead in overseas markets and accelerated their paces to go overseas by virtue of their self-developed capabilities and increasingly enhanced patent portfolio planning.