Home / New Energy / News detail

China’s Zhengzhou city eyes 3 million vehicles of annual production capacity by 2025

Monika From Gasgoo| September 23 , 2024 16:18 BJT

Shanghai (Gasgoo)- Zhengzhou city, the capital of China's Henan province, is aiming to boost its total vehicle production capacity to 3 million units by 2025, with new energy vehicles (NEVs)  surpassing an annual output of 1.5 million units, according to He Xiong, Mayor of Zhengzhou city. He made this announcement during the opening of the 2024 China (Zhengzhou) New Energy Vehicle Ecosystem Partner Conference on September 23.

In recent years, Zhengzhou has focused on building a trillion-yuan NEV industrial cluster. The city has seized opportunities arising from China's fuel cell vehicle demonstration programs and worked to strengthen and extend its NEV industry chain. Zhengzhou now boasts a diverse product portfolio, including traditional fuel vehicles, pure electric vehicles, hydrogen fuel cell vehicles, and intelligent connected vehicles. This full-spectrum industrial chain covers manufacturing, R&D, testing, and aftermarket services.

China’s Zhengzhou city eyes 3 million vehicles of annual production capacity by 2025

Dongfeng Nissan's Zhengzhou plant; photo credit: Dongfeng Nissan

The city now has production bases of seven major automakers, including SAIC Motor, Yutong, Haima Automobile, Dongfeng Nissan, and BYD, along with 15 special vehicle manufacturers such as Yutong Heavy Industries. Over 200 supporting enterprises, including BAK Battery and Fuyao Group, have also established operations in the region, pushing Zhengzhou's current vehicle production capacity to over 2.6 million units and the industry's output value to around 300 billion yuan.

Looking ahead, Zhengzhou plans to accelerate development in electrification, connectivity, and intelligence, with a particular focus on pure electric, fuel cell, and intelligent connected vehicles. The city aims to create a new "Automobile+" industrial ecosystem, scaling up NEV and intelligent vehicle production. In addition to the aforesaid goal of vehicle production capacity and NEV output, by 2025, Zhengzhou aims to boost its vehicle industry output value to 500 billion yuan. The city also seeks to foster over 500 auto parts suppliers, with a locally sourced parts supply rate exceeding 60%.

Gasgoo not only offers timely news and profound insight about China auto industry, but also help with business connection and expansion for suppliers and purchasers via multiple channels and methods. Buyer service:buyer-support@gasgoo.comSeller Service:seller-support@gasgoo.com

All Rights Reserved. Do not reproduce, copy and use the editorial content without permission. Contact us: autonews@gasgoo.com