Guangdong Province wants its auto manufacturing revenue to exceed RMB 1.1 trillion ($170 billion) by 2025, and to build an auto cluster with international influence by then.
The province in southern China, where Xpeng Motors is based, on Monday unveiled a plan for the development of strategic emerging industries during its 14th five-year plan (2021-2025).
One of the goals is to accelerate the development of the new energy vehicle industry, to improve the level of research and development of hybrid power systems, pure electric vehicles, hydrogen fuel cell vehicles.
The plan shows that Guangdong will increase the research and development of electric motors, batteries and electronic control systems, and accelerate the construction of new energy vehicle-related infrastructure.
Cities including Guangzhou, Shenzhen and Zhaoqing are the key cities in the field of new energy vehicles and intelligent connected vehicles.
Xpeng has a factory in Zhaoqing and is building its second one in Guangzhou.
The plan singles out ten pillar industries and ten emerging industries at the city level, with the degree of importance indicated by the number of stars. Guangzhou, the provincial capital, received 18 of the 20 industries with the highest rating of three stars.
As reported in CnEVPost late last month, central China’s Anhui province, home to Nio China, seems determined to become the Detroit of the East.
The province unveiled a three-year action plan for the development of its new energy vehicle industry, saying that by 2023 it aims to have more than 10 percent of China’s new energy vehicle production and more than 70 percent of its components available nearby.
In the first half of this year, Anhui’s new energy vehicle production was 90,600 units, up 2.5 times year-over-year. Among them, Nio delivered 41,900 units in the first half of this year, close to last year’s full-year level, the government said.
China’s new energy vehicle production in the first half of the year was 1.13 million units, according to the China Association of Automobile Manufacturers (CAAM). This means that Anhui accounted for about 7 percent of China’s new energy vehicle production in the first half of the year.
