(Photo source: CnEVPost)
Anhui province in central China, where Nio China is headquartered, seems determined to become the Detroit of the East.
The province recently unveiled a three-year action plan for the development of the new energy vehicle (NEV) industry, saying it aims for its NEV production to account for more than 10 percent of China's output and for more than 70 percent of its components to be available nearby by 2023.
In the first half of this year, Anhui's NEV 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 provincial government said Tuesday.
China's NEV production in the first half of the year was 1.215 million units, according to the China Association of Automobile Manufacturers (CAAM). That means Anhui accounted for about 7 percent of China's NEV production in the first half of the year.
Anhui also plans to have three to five influential local NEV companies and a number of globally competitive key component companies emerge in the next three years, according to the action plan.
It also hopes to have more than 10 well-known industry brands by 2023 and create a world-class NEV and smart networked vehicle industry cluster.
The province plans to build about 30 new innovation platforms above the provincial level in the field of NEVs in 2021-2023.
From 2021, the proportion of new and updated official vehicles in Anhui province will be no less than 30 percent, and will be increased by 10 percentage points each year from the previous year.
This is the latest move by Anhui to increase its efforts to promote the development of the NEV industry.
On April 29, Neo Park, a new bridge intelligent electric vehicle industrial park in Hefei, jointly promoted by Nio and Anhui Hefei Municipal Government, officially started construction.
The park will invest RMB 50 billion ($7.69 billion) in its first phase and will have a total annual output of RMB 500 billion. It has an annual production capacity of 1 million vehicles and 100GWh of batteries.
The park covers an area of 16,950 mu and is divided into an intelligent manufacturing area, an R&D living area and an ecological and cultural area.
The goal is to build an intelligent electric vehicle industry cluster that is world-class in scale, innovation, talent and efficiency, according to William Li, founder, chairman and CEO of Nio.
NeoPark by Nio and Hefei starts construction with initial investment of RMB 50 billion
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