Huai'an China News
Huai'an Accelerates Development of Automotive and Auto Parts Industry
time:2025-08-05

In recent years, Huai'an has keenly seized opportunities of the times by incorporating the automotive and auto parts industry into the city's core planning frameworks—both the "7+3" advanced manufacturing clusters and the "353" integrated clusters of strategic emerging industries. Guided by top-level design and fueled by resource integration, the city is painting a bold and expansive blueprint for industrial development. Thanks to a wave of favorable policies, major industrial projects such as the Zenith Steel high-end steel cord project (with an investment of RMB 20.2 billion) and the BYD new energy commercial vehicle project (with an investment of RMB 15 billion) have been launched one after another. According to statistics, in 2024, the city's 81 automotive and auto parts enterprises above the designated size achieved a total output value of RMB 26.58 billion, marking a year-on-year increase of 22.2%. An industrial cluster valued at over RMB 100 billion is beginning to take shape. Huai'an has now essentially established a complete industrial chain led by new energy commercial vehicles, supported by components such as automotive-grade steel, gears, batteries, tires, steel cords, aluminum trim, and structural parts. The city's overall competitiveness in the automotive and auto parts sector continues to strengthen.

Huai'an's automotive and auto parts industry is advancing toward even higher goals. On the one hand, the city continues to support vehicle manufacturers in achieving large-scale production and is strategically attracting leading enterprises in new energy motors, electronic controls, and transmission systems to further complete the industry chain. On the other hand, it is innovatively promoting industry-wide Party-building collaborations and supply-demand matchmaking events, creating platforms for business communication and cooperation to foster coordinated development across the entire industrial chain. With policies taking root and projects coming to fruition one after another, Huai'an's automotive and auto parts sector is set to accelerate its growth through close "gear teeth" collaboration, striving to build an industrial cluster valued at over RMB 100 billion.