Recently, SAIC Group, Geely Holding Group, Chery Group, and Jiangsu Automobile Engineering Society jointly led the establishment of the Yangtze River Delta New Energy Automobile Industry Chain Alliance (hereinafter referred to as the "Alliance"). There are 73 new energy automobile industries from three provinces and one city. Chain companies jointly responded to the establishment, involving upstream, midstream, and downstream companies in the battery, motor, car networking, and software industries.

　　As we all know, electrification, intelligence and connectivity are the development trends and trends of the world's auto industry. The development of new energy vehicles is an important way for China's auto industry to transform from a major auto power to a powerful auto power. In November 2020, the General Office of the State Council issued the "New Energy Automobile Industry Development Plan (2021-2035)", which is a policy continuation of the "Energy-saving and New Energy Automobile Industry Development Plan (2012-2020)" and also marks China's new energy vehicles have officially entered a period of rapid development from the cultivation period.

　　Data shows that in 2020, the sales of electric vehicles in China, Europe, and the United States will be 1.37 million, 1.37 million, and 330,000 respectively. my country's new energy automobile industry will recover significantly in the second half of 2020, ending a one-year trough period. In 2021, although the entire automobile market affected by the epidemic is still in a downturn compared to the past, the production and sales of new energy vehicles are still leading the industry. According to data from the China Association of Automobile Manufacturers, from January to April this year, my country's new energy vehicle sales totaled 732,000, a cumulative year-on-year increase of 2.49 times.

　　Picture source: Zhiji Automobile

　　Industry insiders said that the Yangtze River Delta, as my country's new energy industry intensive region, has great potential in the future. In terms of auto companies, Geely Auto has launched Geometry, Polestar, Polar Krypton and other brands in the layout of new energy vehicles, covering low-end to luxury markets; SAIC Motor’s cumulative insurance coverage has reached 1.847 million from January to April, a year-on-year basis. An increase of 51.7%. Behind the rapid growth, SAIC New Energy products played an important role. Its sub-brand Wuling Hongguang EV has sold nearly 30,000 units, and is firmly on top; SAIC's passenger car Roewe, MG, and R car new energy sales continue to exceed 10,000; the luxury pure electric smart brand Zhiji Auto, the sales volume is also rising. SAIC said that the sales of new energy vehicles this year are expected to exceed the 500,000 mark for the first time.

　　极氪001 (Image source: Ji氪 official website)

　　As the first rotating chairman unit, Zhang Aiqun, senior vice president of Geely Holding Group, said that Geely will work with alliance units to focus on the development of key technologies for core components such as batteries, motors, electronic control, car networking, and intelligent vehicle electronics, as well as new energy vehicle technology. The implementation of development and industrialization, and at the same time, through industrial funds and other channels, promote the development of the new energy automobile industry.

　　In addition, Anhui Province, as an important automobile industry base in the country, has completed vehicle companies represented by Jianghuai Automobile, Chery Automobile, Weilai Automobile, and Valin Automobile, with Guoxuan Hi-Tech, Huating Power, Tomorrow Hydrogen, and Green World Energy Power battery and recycling companies represented by the company, electric drive system companies represented by Juyi Power, automotive electronics companies represented by Suntech, and university units represented by Hefei University of Technology, recommend joining the alliance.

　　Weilai Automobile Factory (Photo source: Weilai Automobile)

　　Data shows that in 2020, the automobile output of Anhui Province bucked the trend and returned to the ranks of one million, achieving an output of 1.161 million vehicles, a year-on-year increase of 23.8%. During the "Thirteenth Five-Year Plan" period, the cumulative production of new energy vehicles in Anhui Province was 495,000, accounting for 9.8% of the country's total. Among them, the output in 2020 was 105,000, ranking fourth in the country.

　　After years of development, the new energy industry in the Yangtze River Delta has not only made positive contributions to economic and social development, but also has gathered a large number of talents, accumulated enough technology, and formed a good industrial supporting environment and market atmosphere. In addition, the establishment of the new energy vehicle industry chain alliance also provides an opportunity to "change lanes and overtake" for the rapid development of China's new energy vehicle market. What is more noteworthy is that the Yangtze River Delta has become a gathering place for China's new energy vehicles.