Core Insights - The 32nd China Automotive Engineering Society Annual Conference and Exhibition was held in Chongqing, focusing on the theme of "Low Carbon Drives Change, Vehicle Energy Integration Innovation - Building a New Energy Vehicle Technology Ecological Chain" [2] - The forum gathered experts from academia and industry to discuss new technologies, models, and ecosystems for new energy vehicles, aiming to guide industry development in the context of global green transformation [2] Industry Trends - The development of new energy vehicles in China has shifted from policy-driven to market-driven, achieving over 50% market share in the domestic passenger car market [2] - The carbon neutrality strategy is expected to drive a transformation in the energy structure, with renewable energy potentially exceeding 60% by 2035 [2] - The integration of energy and technology is crucial, with a focus on five key new energy technology collaborations and breakthroughs in hydrogen, intelligence, and energy storage [2] Technological Advancements - Dongfeng Yipai Automotive Technology Company emphasized the need for plug-in hybrid vehicles to achieve a pure electric range of over 300 kilometers to meet urban and long-distance demands [3] - The Deep Blue Automotive's "Original Power" electric technology platform has achieved significant milestones, with over 1 million units sold from its first generation [3] - The focus on battery technology highlighted the importance of lithium iron phosphate batteries for their longevity, safety, and cost-effectiveness, with expectations for solid-state batteries to become mainstream by 2035 [4] Collaborative Efforts - A consensus was reached among 46 industry experts at the forum, opposing "involution" and advocating for technological innovation to ensure sustainable industry development [5][6] - Key collaborative efforts include enhancing automotive technology innovation capabilities, promoting demand-driven technology supply, and establishing a responsible technology communication environment [6]

Core Viewpoint - Shenzhen has been recognized as the "New Energy Vehicle Capital" for two consecutive years, but it is expected to disappear from production rankings starting in 2025 due to changes in statistical criteria for vehicle production [1][2] Group 1: Changes in Statistical Criteria - The change in statistical criteria from production enterprise's legal location to actual production location will significantly impact Shenzhen's ranking in vehicle production [1][2] - Before 2025, vehicle production was attributed to the location of the legal entity, which favored Shenzhen due to BYD's production facilities being counted under its jurisdiction [2][3] - In 2020, Shenzhen's vehicle production was 109,300 units, which surged to 2,935,300 units in 2024, making it the top city for both new energy and total vehicle production [2][3] Group 2: Challenges Faced by Shenzhen - Shenzhen faces significant constraints in land resources, with a total area of nearly 2,000 square kilometers, limiting its capacity for manufacturing expansion [3][4] - The tight land situation has led companies like Huawei and BYD to relocate or expand their operations outside of Shenzhen [4][5] - The establishment of the Deep-Shan Cooperation Zone aims to alleviate land resource constraints and support the development of a world-class automotive hub [4][5] Group 3: Future Opportunities for Shenzhen - Despite the challenges, industry experts believe Shenzhen can still thrive in the automotive sector through innovation and collaboration across the entire industry chain [5][6] - Shenzhen's strengths in research and development, high-end manufacturing, and capital markets can be leveraged to gain higher value in the automotive industry [5][6] - The city's focus on emerging industries such as artificial intelligence and robotics aligns with its potential to remain competitive in the automotive sector [6]