Gasgoo Awards 2024: Best Overseas Expansion Practice Award

Amid the complexities of an ever-evolving international market and fierce global competition, Chinese automotive companies are not only solidifying their presence in the domestic market but also forging ahead with overseas expansion. Through technological innovation, brand building, and localized operations, these companies have achieved deep market penetration and sustained growth abroad. Their resilience and competitive edge highlight the strength of China's automotive supply chain.

As the globalization in the automotive industry continues to rise, China's auto sector has made a historic shift from being an "importer" to becoming a significant "exporter," accelerating its global footprint.

Focusing on the overseas expansion of the automotive supply chain, the 6th Gasgoo Awards introduced a special category: Best Overseas Expansion Practice. This award recognizes companies that excel in international strategy execution, localization, brand influence, and cross-cultural communication. The aim is to further strengthen the international competitiveness of Chinese automotive companies and accelerate their global expansion.

After a rigorous selection and evaluation process, the judging panel has selected 12 outstanding companies and their solutions.

On October 24, 2024, the award ceremony for the 6th Gasgoo Awards, hosted by Gasgoo, concluded successfully in Shanghai.

The winners of the 2024 Best Overseas Expansion Practice Award are as follows (in no particular order):

✦ Bosch's Cross-Domain Computing Solutions division

✦ Faurecia (China) Holding Co., Ltd.

✦ ABB Engineering (Shanghai) Ltd.

✦ Huizhou Desay SV Automotive Co., Ltd.

✦ Ningbo Joyson Electronic Corp.

✦ Anhui Zhongding Sealing Parts Co., Ltd.

✦ Quectel Wireless Solutions Co., Ltd.

✦ Neusoft Corporation

✦ Shanghai Baolong Automotive Corporation

✦ ZD Automotive

✦ MIND Electronics Appliance Co., Ltd. Baoding Thermal System Branch

✦ Carota

We extend our heartfelt congratulations to the winning companies!

Embracing "change" and driving "innovation," Gasgoo remains dedicated to its core mission of "discovering great companies, promoting leading technologies, and empowering automotive professionals." The 2024 Gasgoo Awards, centered on the theme of "Top 100 Players of China's New Automotive Supply Chain," spotlighted 10 key sectors: intelligent driving, smart cockpit, intelligent chassis, automotive software, automotive-grade chip, big data and AI, powertrain & EV charging & battery swapping, thermal management, vehicle body & interior & exterior, and new materials. These awards not only reflect the Gasgoo Awards' keen insight into industry trends, but also celebrate and encourage companies that dare to innovate in and explore new frontiers.

To continue recognizing leadership in supply chain innovation, technological breakthroughs, and sustainable development, the nomination process for the 2025 Gasgoo Awards is now open. This is not only a competition for honor but also a spectacular collision of industry innovation and future influence! We warmly invite pioneers from across the global automotive industry to apply and participate.