Nan Jing Ri Bao·2025-11-16 00:19Core Insights - BYD has officially opened its first comprehensive industrial park in East China, located in Nanjing's South New City, covering approximately 43,000 square meters, which will promote the gathering of the new energy vehicle industry chain and the development of new productivity in the region [1][2] - The park is positioned as "New Quality + Culture," showcasing advanced technologies such as BYD's megawatt flash charging technology, which allows for a 400-kilometer range with just 10 minutes of charging, and plans to exhibit L4-level intelligent driving assistance systems and drone technology [1] - The establishment of the BYD New Quality Cultural Industrial Park aligns with the South New City's focus on green energy and low-altitude economy, aiming to attract upstream and downstream enterprises and create industrial synergy [2] Industry Context - The Daming Road area in Nanjing, known as a traditional "automobile street," is transitioning from fuel vehicles to new energy vehicles, with 28 automotive stores, including brands like Xiaomi and Xpeng, forming an emerging industrial cluster [2] - In 2024, the automotive industry in Qinhuai District is projected to achieve a revenue of 6.28 billion yuan, accounting for 10% of the district's total retail sales, indicating a strong growth trajectory for new energy vehicle sales amidst declining traditional fuel vehicle sales [2] - The South New City management committee is actively supporting the project by providing tailored services throughout the project lifecycle, which is expected to enhance the region's automotive industry's smart and green transformation [2]