2024 China New Energy Vehicle Parts Expo will be held soon

Review of the Past Conference

The first Global Automotive New Ecosystem Development Conference and the 2023 China New Energy Vehicle Parts Expo was kicked off in Shiyan by the China EV 100 and the China Chamber of Commerce for Import and Export of Machinery and Electronic Products. This event was supported by the Department of Economy and Information Technology of Hubei Province, the Department of Commerce of Hubei Province, Shiyan Municipal People's Government, and Dongfeng Motor Corporation, and executed by Shiyan Linan Trading and Logistics Development Co., Ltd. and Liangao Exhibition Service (Shiyan) Co., Ltd.

Wang Qinmin, former Vice Chairman of the 12th National Committee of the Chinese People's Political Consultative Conference (CPPCC), former Chairman of the All-China Federation of Industry and Commerce, and Director of the National E-Government Expert Committee, Jiang Yaoping, former Vice Minister of Commerce, and Zhang Wentong, Vice Governor of Hubei Province attended and delivered speeches at the event. Li Youwei, Standing Committee Member of the 10th CPPCC and Deputy Director of the Committee for Liaison with Hong Kong, Macao, Taiwan and Overseas Chinese, Li Lianhe, former Vice Chairman of the Shenzhen CPPCC, and Yan Fengmin, Vice Chairman of the China Association for Consumer Product Quality and Safety Promotion also attended the conference. Huang Jianxiong, Secretary of the Municipal Party Committee, Zhang Yongwei, Deputy Chairman and Secretary-General of the China EV 100, and Shi Yonghong, Vice Chairman of the China Chamber of Commerce for Import and Export of Machinery and Electronic Products attended and delivered speeches. Chen Hao, a member of the Party Committee and Deputy General Manager of Dongfeng Motor Corporation, and Shen Guoliang, General Manager of Aptiv Connector Systems China, attended and addressed the conference. Wang Yonghui, Deputy Secretary of the Municipal Party Committee and Mayor, presided over the opening ceremony.

Many government officials and notable figures gathered along the Han River bank and at the foot of Wudang Mountain to engage in extensive discussions and cooperation and to create a shared blueprint for the future together.

The settlement of such a high-standard, high-level, and high-quality parts industry event is largely thanks to the strong foundation of the automotive industry in Shiyan.

Hyped as the "Capital of China's Commercial Vehicles", Shiyan was built and prospered due to its strong automotive industry. The city is a major production hub for commercial vehicles in China, with 3067 automotive parts enterprises, accounting for 43.7% of the total in the province. These enterprises can produce over 1000 types of total components and more than 4000 types of parts, making the city a strong industrialization base with a complete supply chain and cluster advantages in the automotive parts industry.

In response to the restructuring of the automotive industry towards accelerating electrification, intelligence, low carbon, and digitalization, Shiyan focuses on new energy and intelligently connected vehicles. The city is working on building the supply chains, reconstructing the industrial chains, and enhancing the value chain, aiming to promote the intelligent transformation and upgrading of automotive parts. This effort is expected to create an automotive parts industry cluster worth a hundred billion yuan.

(The road leading to the Convention and Exhibition Center is lined with "Shiyan-made" vehicles)

Hosting the first Global Automotive New Ecosystem Development Conference and the 2023 China New Energy Vehicle Parts Expo at a high level is beneficial for fostering industry exchanges, clarifying development paths, accelerating the transformation and upgrading of the automotive industry, and promoting the quality development of cities and concentrated industries.

2.Jointly Plan a New Future for the Industry

The global automotive industry is currently undergoing significant changes, with major shifts in industrial chains and value chains. This auto parts industry event holds great significance against this backdrop.

In addition, the China EV 100 successfully hosted the first Global Automotive New Ecosystem Development Conference, facilitating in-depth discussions on several topics. These included reshaping the automotive value chain in the era of electrification and intelligence, building a new service system for the after-sales market amid the modernization of the automotive industry, establishing standards to support the sustainable development of the after-sales market for the new energy vehicles, and exploring new opportunities for multinational auto companies in China amidst the transformation of the global automotive supply chain.

Zhang Yongwei, Deputy Chairman and Secretary-General of the China EV 100, and other top industry experts such as An Qingheng, Director of the China Automobile Industry Consulting Committee, along with senior executives from BAIC Group, Dongfeng Commercial Vehicle, Seres, Chery, Pengfei, Envision, China Automotive Engineering Research Institute, and State Power Investment Corporation, participated in a series of discussions to jointly explore new paths of cooperation in the global new energy vehicle sector.

During his keynote speech on "Reconstructing the Value Chain in Automotive Industry with Service at the Center", Zhang Yongwei put forward clearly that the "value chain of the traditional automotive industry 'centered on manufacturing' is undergoing reconstruction". He also summarized several key characteristics of the accelerated reconstruction of the automotive value chain and industrial chain.

Zhang Xiaofan, General Manager of Dongfeng Commercial Vehicle, emphasized the need for vehicle companies to actively embrace change, conduct market research, and foster technological innovation while redefining the automotive value chain. He highlighted the importance of open cooperation and a win-win mindset in the era of the Internet, asserting that companies should play a leading role in driving the industrial chain transformation to achieve symbiosis, win-win, and integration.

As of now, the main directions for the development of the global automotive industry are electrification, connection, and intelligence. This conference focused on these hot topics, brought together industry wisdom, and is of great significance for building a new automotive industry ecosystem and reshaping the new value chain of automotive parts.

3.Harness and Gather New Powers for Development

The 2023 China New Energy Vehicle Parts Expo focused on advancing the electrification, intelligence, low carbon, and digitalization of the automotive industry. Over 220 well-known domestic and international vehicle and parts companies were attracted to participate in the event.

Leading domestic new energy vehicle and battery making companies, including BYD, CATL, Sunwoda, Ganfeng Lithium, and Seres, participated in the exhibition. They showcased a range of new products, technologies, applications, models, and business forms such as EIC systems, intelligent connectivity, hydrogen energy, intelligent cabins, and autonomous driving. Notably, the expo featured many intelligent exhibits such as unmanned buses and the world's first green charging robot, garnering significant attention. The expo effectively demonstrated the innovative achievements, cutting-edge technologies, and development trends within the automotive industry.

During the foreign trade export match-making meeting, Shiyan Entong Automotive Parts Co., Ltd. established a cooperative relationship with Nigerian companies online, reaching an initial cooperation intention of 2 million yuan.

(Hubei auto parts export Russian service center was inaugurated)

This event facilitated extensive economic and trade cooperation both online and offline. At the match-making meeting for the foreign trade export of vehicle parts, 48 foreign trade companies from Shiyan City engaged in negotiation with overseas buyers from Nigeria online. They reached cooperation intentions with 18 companies in the vent, with the total value of agreements reaching 3.7 million US dollars. The partnership effectively encouraged enterprises to expand globally in groups and promoted the enhancement of foreign trade. At the event, a total of 87 vehicle and parts companies, 131 vehicle parts dealers, and more than 2,000 buyers traded on the spot and signed 128 contracts for vehicle sales, support supplies, and parts marketing, amounting to about 1.8 billion yuan.

The two-day conference in the "City of Cars" Shiyan, at the foot of Wudang Mountain, focused on the new ecosystem of the automotive industry and the evolving value chain of auto parts. It included two public forums and two closed-door seminars where hundreds of representatives from government agencies, automotive, transportation, energy, and other industries gathered to discuss hot industry topics such as "reshaping the automotive value chain in the era of electrification and intelligence", "building a new system of after-sales market services amid the modernization of the automotive industry", "establishing standards to support the sustainable development of after-sales market for the new energy vehicles", and "exploring new opportunities for multinational auto companies in China under new circumstances".

This expo conducted investment negotiations and industry match-making in an all-round way, signing a total of 76 projects worth 58.671 billion yuan. 36 automotive industry projects with a contract investment amount of 35.09 billion yuan were signed together on the spot, including the project of researching, developing and producing air conditioners for new energy vehicles in Shiyan Economic and Technological Development Zone, the project of hybrid power assembly production base in Maojian District, the project of compressed sanitation truck in Danjiangkou City, and the research and manufacturing project of automotive interior and exterior decoration in Yunyang District.

This conference fully implemented the new development concept, aligned with the trend of the times, revolved around the theme of "New Vehicle, New Ecosystem, New Value", and emphasized "electrification, intelligence, low carbon, and digitalization" in the automotive industry. It adopted an integrated "forum + trade fair” model and attracted a wide range of well-known enterprises, cutting-edge technology, and industry elites. With higher standards, broader participation, more focused exhibitions, and richer activities, this event was expected to promote the prosperity and development of the Shiyan automotive parts market, accelerate the transformation and upgrading of the city's automotive industry, and support the national automotive industry’s transition to new energy and intelligent connectivity. It also aimed to achieve the integrated and coordinated development of electrification, connectivity, and intelligence, facilitate in-depth exchanges in the automotive industry, support vehicle companies to go global in groups and open up new international market windows for the national automotive industry.