China's NEV manufacturers enhance innovative collaboration to further improve, stabilize global industrial, supply chains

Chinese new energy vehicle (NEV) manufacturers have enhanced their innovation and efficient collaboration across various essential sectors in the industry to further improve and stabilize the global industrial and supply chains.

At the second China International Supply Chain Expo (CISCE) which concluded on Saturday, automakers from both home and abroad set up exhibition booths at the smart vehicle section to showcase not only finished automobiles, but also raw materials and components such as batteries and sensors.

BTR New Material Group Co., Ltd., a professional manufacture of cathode and anode materials for lithium-ion batteries which was founded in August 2000 in south China's tech hub Shenzhen, is dedicated to delivering top-tier battery material solutions for the global new energy industry. They supply essential materials for the production of power batteries used in new energy vehicles, consumer electronics batteries, and energy storage systems.

"Our core products include lithium-ion battery anode materials, cathode materials, and advanced new materials. These components are essential for manufacturing power batteries for new energy vehicles, consumer electronics batteries, and energy storage systems. Since the battery is the heart of a car, our anode and cathode materials are crucial to the battery's performance. We have seen significant growth in this sector," said Chen Chuntian, BTR's technical support director.

As China's leading battery maker, the booth of Contemporary Amperex Technology Co., Ltd. (CATL) showcased products from the energy storage sector, including supercharging piles and various power batteries.

Leveraging the industry chain established by CATL, over 200 leading companies specializing in core materials, battery structure components, and intelligent equipment have also set up operations in Ningde City, east China's Fujian Province.

At the exhibition area of smart vehicles, many car companies set up booths, showcasing how the automotive industry chain is interconnected. The Beijing Ideal MEGA and Xiaomi SU7 models are both equipped with battery packs from CATL.

Another notable company is Seres Automobile, the EV unit of China's Chongqing Sokon Industry Group which acts as a "chain leader". It has successfully attracted a significant number of upstream and downstream enterprises in the field of intelligent connected new energy vehicles.

"Seres has consistently focused on software-defined vehicles, establishing a supply chain system centered around cross-border cooperation with Huawei, which follows a 1+1 plus N model. This approach includes numerous leading supply chain companies, enabling a high degree of parts integration and local clustering of suppliers. Emphasizing integration and agglomeration, Seres has streamlined its network by reducing its previous 300 first-tier supplier partners to just 100, of which 20 are world-class supply chain companies. This consolidation has significantly enhanced the collaborative efficiency and innovation capabilities of the supply chain," said Guo Feng, director of Seres's brand public relations department.

According to data from the China Association of Automobile Manufacturers, China's annual production of NEVs surpassed 10 million units in November 2024 for the first time. This milestone is attributed to innovation and efficient collaboration within the industry chain.

As the world's first national-level exhibition focusing on supply chains, the five-day expo attracted nearly 700 exhibitors from 69 countries and international organizations.

China's NEV manufacturers enhance innovative collaboration to further improve, stabilize global industrial, supply chains

China and Canada should work together to promote the stable, healthy and sustainable development of bilateral economic and trade relations, Chinese Vice Premier He Lifeng said in Beijing on Friday.

He, also a member of the Political Bureau of the Communist Party of China Central Committee, made the remarks while attending the Canada-China Trade and Investment Banquet together with the visiting Canadian Prime Minister Mark Carney.

Speaking at the event, He said that under the strategic guidance of the important consensus reached by their leaders, China and Canada should adhere to the principles of mutual respect, peaceful coexistence, win-win cooperation, and mutual success, and jointly promote the stable, healthy, and sustainable development of bilateral economic and trade relations.

China is steadfastly expanding high-standard opening up, continuously developing new quality productive forces, and is willing to work with countries around the world, including Canada, to create new prospects for cooperation, said He.

Carney noted at the banquet that China is Canada's second-largest trading partner and said Canada looks forward to strengthening high-level exchanges with China, making full use of dialogue mechanisms in areas such as the economy and trade, and deepening cooperation in trade, agriculture, energy and other fields.

Carney arrived in Beijing on Wednesday to begin a four-day official visit to China, marking the first trip to the country by a Canadian prime minister in eight years.

China, Canada should work together for stable, healthy, sustainable economic ties: Vice Premier