常州：踢球没赢过，造车没输过

Core Insights - Changzhou has emerged as a significant player in the electric vehicle (EV) industry, successfully investing in companies like Li Auto and BYD, showcasing a strategic investment approach that has paid off over time [2][3][4] Investment Strategy - In 2016, the Changzhou government invested 780 million yuan in Li Auto, which was then a concept company without mass production vehicles, demonstrating foresight in a volatile market [2] - In 2019, during BYD's low point with a net profit of only 1.6 billion yuan, Changzhou signed a strategic agreement to invest 10 billion yuan in a new energy vehicle and core components industrial park [3] Industry Development - By 2022, BYD's production in Changzhou reached 287,000 vehicles, generating over 41 billion yuan in output, with a vehicle rolling off the production line every minute [3] - Li Auto announced plans to establish its pure electric vehicle factory in Changzhou, with the first model, the Li i8, set for mass production [3] Supply Chain and Ecosystem - Changzhou has developed a robust automotive supply chain, with 32 of Li Auto's 144 primary suppliers located locally, achieving nearly 60% localization for the Li L series [3] - The city has a strong foundation in the battery sector, having attracted companies like Boston Power and CATL, which has supported its dual strategy of vehicle manufacturing and battery production [3][4] Economic Impact - In 2022, Changzhou's new energy industry scale surpassed 850 billion yuan, contributing to over 60% of Jiangsu province's total EV production with nearly 800,000 vehicles manufactured [4] - The success of Changzhou's EV sector is attributed to its forward-looking investment vision, precise industrial investment logic, ecosystem-building capabilities, and continuous institutional innovation [4]