Core Viewpoint - The power structure of China's automotive industry is undergoing significant restructuring, with Anhui province successfully "overtaking" Guangdong, becoming the leading automotive production region by 2025 [1][5]. Production and Growth - In the first half of this year, Anhui's automotive production reached 1.4995 million units, with new energy vehicles (NEVs) accounting for 730,900 units, both ranking first in the country [1][5]. - NEVs have become the core growth driver of Anhui's automotive industry, representing 47.2% of the province's total automotive production [4][5]. - Anhui's NEV production has shown strong growth, surpassing 1 million units last year and reaching 1.684 million units [5]. Competitive Landscape - Historically, Guangdong has been the largest automotive production province, with a production of 5.7074 million units in 2024, while Anhui's production was only 2.6203 million units, indicating a gap of over 3 million units [6]. - The recent overtaking is attributed to a change in statistical methodology by the National Bureau of Statistics, which now counts production based on the location of manufacturing rather than the corporate headquarters [7]. Industry Ecosystem - Anhui's NEV industry chain is comprehensive, including components such as power batteries, electric motors, intelligent networking, lightweight materials, sales and maintenance, and recycling, allowing for complete vehicle manufacturing within the province [5][12]. - The province hosts seven major vehicle manufacturers, including BYD, Chery, and NIO, along with over 3,000 parts suppliers and more than 1,700 aftermarket enterprises [9][12]. Regional Contributions - Hefei, the capital of Anhui, has emerged as a model for rapid economic growth driven by the automotive industry, with a diverse array of manufacturers and a robust supply chain [10][11]. - Wuhu, home to Chery, contributed 46.2% of Anhui's total automotive production and nearly 80% of its automotive exports in 2024, with a significant increase in NEV production [12]. - Other cities in Anhui, such as Ma'anshan, Chuzhou, and Huainan, are focusing on specific segments of the NEV industry, including commercial vehicles, battery production, and lightweight materials [12][17].
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Guo Ji Jin Rong Bao·2025-08-07 16:31