BYD(SZ:002594) Xin Hua Ri Bao·2025-08-07 23:01Core Insights - The rapid development of the new energy industry in Changzhou is creating a "trillion-level" industrial landmark, with significant growth in sales and production of electric vehicles and components [1][7] - The collaboration within the supply chain is a key factor driving the strength of Changzhou's new energy sector, with over 900 automotive parts companies and a high degree of integration in the battery supply chain [2][3] - Technological advancements and deep collaboration among companies are enhancing the competitive edge of the industry, as seen in the innovations by companies like Ninebot and the construction of advanced energy storage projects [4][6] Group 1: Industry Growth - In the first half of the year, Changzhou's new energy vehicle sales exceeded 470 billion yuan, growing by 9.4%, with a vehicle production increase of 42.3% to 391,000 units [1] - The region's GDP grew by 5.8% year-on-year, with public budget revenue reaching 40.6 billion yuan, a 1.8% increase [1] Group 2: Supply Chain Collaboration - Vestas, the world's leading wind turbine manufacturer, has recognized Changzhou Yougu Technology as a key supplier due to its precision manufacturing capabilities [2] - The local supply chain includes over 500 parts companies within a 4-hour radius of major manufacturers, enhancing efficiency and reducing costs [2][3] Group 3: Technological Innovation - Ninebot's production of smart electric two-wheelers reached 8 million units in just two months, showcasing rapid innovation and supply chain integration [4] - The Huaneng Jintan compressed air energy storage project is being developed with 100% domestic equipment, highlighting local technological capabilities [5][6] Group 4: Future Prospects - By 2024, the scale of Changzhou's new energy industry is expected to exceed 850 billion yuan, with vehicle production nearing 800,000 units [7] - The region is positioning itself for future growth, with significant investments in battery production and other key projects set to drive the industry forward [7]