Under the wave of new energy vehicle industry, many cities in the country are competing for ‘new energy vehicle capital’. Among them, Hefei, known as ‘the most bullish venture capital city’, is gaining momentum.

As of 21 October, Hefei 2024 new energy vehicle production has exceeded 1 million. In the first three quarters of this year, Hefei's new energy vehicle production has exceeded last year.

In 2024, the Hefei government work report made clear the blueprint for the development of new energy automobile industry: to build a ‘new energy automobile capital’. Now, in the new energy vehicle production exceeded 1 million nodes, Hefei stable?

Gathered in the form of car-making ‘Grand Slam’

At present, Hefei City has gathered six vehicle enterprises: JAC, BYD, Azure, Volkswagen, Changan, Ankai. It can be seen that Hefei has gathered a variety of forms of car-making ‘Grand Slam’, there are foreign giants, central enterprises car-making, car-making new forces, local independent brands, Huawei ecosystem. As of 22 October 2024, Hefei accumulated nearly 10 new models off the line.

Data show that from January to September this year, Hefei's automobile output reached 1,311,700 units, up 33.47 per cent year-on-year. Among them, the output of new energy vehicles was 927,500 units, up 74.47 per cent year-on-year. And in 2023, Hefei's new energy vehicle production was 746,000 units.

Image source: Hefei Municipal Government

As the ‘first industry’ in Anhui, the automobile industry is showing a booming trend, and Hefei City is also ‘catching up’. In order to cultivate the automobile industry ecology and automobile market, Hefei City is also ‘blood money’. From January to September this year, Hefei introduced 153 new energy vehicle industry chain projects, with a total investment of 131.5 billion yuan. As of October 16, the cumulative issuance of automotive consumer vouchers about 437 million yuan, driving consumption of about 18.7 billion yuan.

According to the plan, Hefei strives to 2027, the formation of 2-3 annual output of 500,000 vehicle enterprises, the addition of 10 10 billion scale parts and components enterprises, new energy vehicle production capacity of more than 3 million vehicles, cluster revenue of more than 700 billion yuan.

Since 2009, Hefei successfully declared ‘ten cities and thousands of energy-saving and new energy vehicle demonstration and promotion application’, pilot new energy vehicle industrialisation, become one of the first batch of 13 cities to participate in the demonstration and promotion, to 2024 to create ‘new energy vehicle capital’ slogan, Hefei in building new energy vehicles, and the new energy vehicle industry, the new energy vehicle industry. The slogan, Hefei in creating a ‘new energy vehicle capital’ has come out of the ‘Hefei model’, no one can match.

It is worth noting that, from the current situation, Hefei automotive industry in the future there is a huge increment. In March this year, the Anhui Provincial Department of Ecology and Environment announced the JAC × Huawei smart car super factory project.

The announcement revealed that the JAC side will build two pure electric platforms, DE and X6, with product coverage of sedan/SUV/MPV models, with a total annual production capacity of 200,000 units; and an annual production capacity of 500,000 JAC passenger cars in the next five years. This means that the combination of Huawei and JAC, the future production of new energy vehicles in Hefei City will also climb.

Industry building at the forefront

Promoting the leapfrog development of the local industry through strong investment and guidance from the local government is known in the industry as the ‘Hefei model’. In recent years, a number of cities across the country, even including Shenzhen, Foshan and other industrial powerhouses have come to Hefei to learn from the experience. In seizing the high ground of electrification and intelligence, it can be said that Hefei has been at the forefront of various initiatives.

In order to seize the high ground for the development of intelligent network connection, Hefei has introduced local regulations on intelligent network connection vehicles, and has accumulated 1096 kilometres of open road mileage. It has opened more than 20 super scenarios, becoming the first provincial capital city in China to ‘open up the whole area’. In addition, Hefei is also the only city in the country to have four pilot cities for new energy vehicle ‘power switching’ pilot, ‘dual intelligence’ pilot, industrial chain supply chain system pilot, and ‘vehicle, road and cloud integration’ pilot.

Image source: Hefei Municipal Government

Aiming at the integration and development of key aspects such as ‘core-vehicle synergy’, ‘whole-zero synergy’ and ‘smart-vehicle synergy’, Hefei has been making continuous efforts. The formation of Anhui Province Automotive Chip Alliance, to carry out more than 20 new energy vehicle R & D projects; for the country's first supply and demand docking and open scene of the city, January-August held automotive supply and demand docking will be 8; is also the first batch of small and medium-sized enterprises in the digital transformation of the pilot city, to promote the Spark large model grafted vehicle enterprises ‘intelligent cockpit’ products, to create a ‘six senses of industry’ with the ‘six senses of industry’. It is also the first pilot city for the digital transformation of small and medium-sized enterprises in China.

In terms of infrastructure construction, 1-9 months, Hefei City, the new charging facilities of all types of over 55,000 units, the total number of charging facilities of all types of 230,000 units, basically built the urban area of 2 kilometres of charging service circle, built more than 100 power stations.

It is worth noting that Hefei iterative upgrade of the ‘Venture Capital City Plan’, innovative ‘industry + fund’ ‘project + fund’ drive mode, the formation of 500 billion yuan of fund jungle! The automobile industry has 16 professional funds, with a total scale of over 60 billion yuan, and has invested in more than 20 key projects such as Tachyon and Hongjing Zhi driving.

According to the official statement of Hefei City, the actual production of new energy vehicles in 2023 ranked 3rd in the country. For the future outlook, it is expected that the production of new energy vehicles will exceed 1.3 million in 2024, a year-on-year increase of 74%, jumping to the 1st place in the national city.

In the eyes of onlookers, Hefei tends to appear as a contrarian. However, in the view of the participants, this ‘road of reversal’ is not easy to walk. All the ‘comeback’, are prepared. In less than 100 days from 2024, Hefei will continue to track whether or not it can achieve another good result, and sit firmly in the position of ‘new energy vehicle capital’, Gaixian Automotive will continue to track.

Source：Gasgoo.com