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In the past year, Hefei city produced 255,000 new energy vehicles (NEVs), a year-on-year increase of 133%, with a total output value of about 120 billion yuan (about 17.4 billion U.S. dollars), a year-on-year increase of 14.2%. On April 1, it was learned from the Hefei Municipal Bureau of Economy and Information Technology that in the first two months of this year, the city's NEV output reached 81,400, a year-on-year increase of 226%. The complete industrial chain of Hefei has won the recognition of companies. Yu Chengbin, senior manager of the product technology department of Hefei Chang'an Automobile Co., Ltd., said that the complete industrial chain system of Hefei not only greatly reduces the company's production costs but also provides support for the research and development of new energy-intelligent products in the future. The Shanghai Baolong Automotive Corporation also agrees with this view. Baolong's Hefei factory Phase I in Hefei Economic Development Zone is accelerating the production of intelligent air suspension, advanced driving assistance systems, and other related supporting facilities for NEVs. Phase II is under intensive construction. "Overall, Hefei has done great in all aspects of industrial policies and services. It has a complete layout of the whole industrial chain and has relevant policy support for the subsequent development of enterprises, which allows enterprises to develop with peace of mind and no worries," said Wang Xianyong, General Manager of Shanghai Baolong Automotive Corporation (Anhui) Co., Ltd. According to data, in the first two months of this year, the total output of NEVs in Hefei reached 81,400, a year-on-year increase of 226%. According to the plan, Hefei will strive to produce 800,000 NEVs in 2023 and double the output value to more than 200 billion yuan. The person in charge of relevant departments of the Hefei Municipal Bureau of Economy and Information Technology stated, "By the end of the '14th Five-Year Plan (2021-2025)', Hefei's NEV production capacity will exceed 3 million units, striving to achieve an output value of 700 billion yuan across the entire industry chain."
Reported by Letian Yinzi Edited and translated by Zheng Chen
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