Chery speeds up the construction of a research and development base in Shanghai

The Shanghai R&D base of Chery New Energy, which has attracted much attention from the industry, has been significantly accelerated in construction since the official start of construction in March. According to reports, the research and development base plans to use 350 acres of land, and the total project investment is expected to exceed 10 billion. The initial stage of the project is mainly used for R&D of complete vehicle technology and core components of new energy vehicles. At the same time, it establishes a new energy automotive industry alliance with local key component companies and builds Chery’s comprehensive R&D, sales, and financial functions for new energy vehicles in Shanghai. base.

Some analysts pointed out that the “industry alliance” development model initiated by Chery New Energy with technological innovation as the axis is steadily advancing, and the accumulation of technological strength will become Chery's future competitiveness in the new energy automotive market. At present, Chery has mastered advanced power battery and battery management systems, motors and motor control systems, vehicle control three core technologies, and also broken through the series of core accessories industrial technologies such as electric air conditioning, electronic vacuum pumps, electric power steering, etc. Chery’s electric vehicle technology is relatively mature and advanced, and its overall cost control capability and industrialization level are relatively strong. At present, Chery has 7 new energy vehicles in the national announcement and recommended directory. The number and types of Chery’s vehicle licenses are at the top of the major car companies. At the same time, M1 pure electric vehicles have been gradually delivered to private users in Shanghai, Hefei and other places, taking the lead in opening the private buying market for local new energy vehicles.

Based on Shanghai, actively promoting the industrialization of new energy vehicles is a major decision for Chery’s development strategy. The driving force behind the marketization of new energy vehicles is technological innovation. Only with technology as the core, can the new energy industry alliance advocated by Chery develop steadily. As the first international model city for electric vehicles in China, Jiading District of Shanghai has been designated as an international demonstration area for electric vehicles. The district actively promoted the planning and construction of supporting infrastructure for new energy vehicles and promoted the development, demonstration and industrialization of electric vehicles. This also provided Chery's new energy vehicles with a good opportunity for development. The establishment of a new energy industry model in Shanghai will certainly play a role in operational demonstration. This will positively stimulate the use of new energy vehicles in many surrounding small and medium-sized cities and further radiate the entire East China market.

With the completion of the Shanghai R&D base, its new energy industry chain in Shanghai has begun to emerge, including cooperation alliances with local parts and components companies, in-depth cooperation with pilot demonstration projects in Jiading District, innovation in marketing models for new energy vehicles, and private markets. The promotion and popularization of industries and the effect of industrial aggregation are also gradually emerging. Not only do they have good economic incentives but also have good social benefits, which further promote the development of environmental protection and low-carbon economy.

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