BEIJING, May 15, 2024 PRNewswire -- Hefei, the capital city of East China's Anhui Province, is a 'dark horse' in China's new-energy vehicle industry where one NEV is rolling off the assembly line every minute on average for some producer. The city is home to six vehicle manufacturers including JAC, BYD and NIO, as well as more than 500 upstream and downstream industry chain companies.
The booming market has also driven the development of related industrial chains, including battery manufacturing, charging facility construction and intelligent control systems. However, companies have found that China's complete NEV industry chain difficult to replicate elsewhere.
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