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Collaboration of the New Energy Vehicle Industry in the Yangtze River Delta Building a ’4-hour industrial circle’

As an important component of strategic emerging industries, new energy vehicles have been clearly focused on in the “14th Five Year Plan” and the 2035 Vision Goal Outline, aiming to promote new driving forces for China’s economic growth, build new international competitive advantages, and achieve the transformation from an industrial power to an industrial powerhouse. It also serves as a key area for building an “upgraded version” of Chinese manufacturing.
Recently, Qixin Data, a subsidiary of Hehe Information, released the “Interpretation of the Ten Key Industry Trends under the Leadership of New Quality Productivity in 2024- New Energy Vehicles”. Based on Qixin Investment’s massive data and professional judgment model, it comprehensively interprets the new energy vehicle industry from six dimensions: prosperity index, regional distribution, innovation capability, activity index, on chain enterprises, and industry risks. By predicting the future development trend of the industry, it assists the government in accurately carrying out industry investment and banking institutions
Efficient development of industrial finance.
According to data from the Passenger Car Market Joint Branch of the China Automobile Dealers Association from April 1st to 14th, the retail volume of passenger cars was 516000 units, and the retail volume of new energy vehicles was 260000 units. The retail penetration rate of new energy vehicles reached 50.39%, surpassing traditional fuel passenger cars for the first time, and the pattern of the oil and electricity market has reversed.
With the rise of new energy vehicles, the related industry chain is flourishing. In addition to the core link of vehicle manufacturing, key components and charging facilities have also been improved, forming a complete industry map covering 7 primary links and 24 secondary links, accelerating the transformation and upgrading of China’s manufacturing industry.


Post time: Sep-03-2024