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Chengdu Emerges as Global Innovation Hub During 14th Five-Year Plan Period

TECH

Chengdu Emerges as Global Innovation Hub During 14th Five-Year Plan Period
TECH

TECH

Chengdu Emerges as Global Innovation Hub During 14th Five-Year Plan Period

2025-11-28 11:12 Last Updated At:12-01 16:57

CHENGDU, China, Nov. 28, 2025 /PRNewswire/ -- Chengdu, capital of Southwest China's Sichuan province, has cemented its status as a leading global innovation hub, climbing to 24th position in the 2025 Global Innovation Index, as the city delivered on national sci-tech ambitions during the 14th Five-Year Plan period(2021-25).

A key national strategy has been to develop the Chengdu-Chongqing region into an influential sci-tech innovation hub. The Western (Chengdu) Science City has emerged as a cornerstone of this transformation, establishing a high-level innovation ecosystem comprising one national laboratory, four national innovation centers, 10 major science infrastructures, and four Tianfu laboratories.

Some 96 national innovation platforms — including the National Precision Medicine Industrial Innovation Center and National Supercomputing Center — have set up operations, alongside 27 national-level research institutions and 65 collaborative innovation projects launched with universities and research institutes.

Chengdu moved early to cultivate future industries, releasing implementation guidelines for 24 sectors including humanoid robotics and flexible display technology. The city further accelerated this push in July this year with a 100 billion yuan ($14.1 billion) future industry fund targeting hard-tech startups.

Online and offline service systems represented by "Sci-Tech Express plus Sci-Tech Island" have streamlined the commercialization of innovations. The offline Sci-Tech Island hosts 102 service providers offering 104 types of services, while the online Sci-Tech Express platform has served sci-tech enterprises more than 200,000 times.

From the Chengdu 2021 World University Games, where over 170 tech products enhanced venues and viewing experiences, to AI-powered rehabilitation robots now serving elderly residents, innovation has become tangible across urban life. The city has also deployed an intelligent safety monitoring network covering underground pipelines, bridges and tunnels.

Chengdu's innovation landscape now includes more than 14,500 national high-tech enterprises and 354 national-level "little giant" firms, or elite SMEs that specialize in niche sectors, according to the Chengdu Science and Technology Bureau.

The city has established five national innovation and entrepreneurship demonstration bases, 76 national incubators and maker spaces, as well as another 76 provincial and municipal incubators hosting 5,702 in-progress projects. Talent initiatives have helped secure the "China's Best Talent-Attracting City" title for six consecutive years.

Policy breakthroughs in intellectual property rights have spurred 36 local universities and research institutes to complete over 2,000 achievement ownership verifications, incubating 588 enterprises with nearly 21 billion yuan in social investment.

 

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Chengdu Emerges as Global Innovation Hub During 14th Five-Year Plan Period

Chengdu Emerges as Global Innovation Hub During 14th Five-Year Plan Period

PUNE, India, April 2, 2026 /PRNewswire/ -- EKA Mobility, a leading electric vehicles and technology company, today announced a strong 5X year-on-year volume growth in FY 2025–26, with 1,143 units sold and 1,344 electric commercial vehicles produced. This milestone comes on the back of the company's comprehensive electric vehicle portfolio across segments. During the year, EKA entered the M&HCV truck segment, in addition to its existing bus and SCV portfolio. The company is a Champion OEM under the Auto PLI Scheme and has achieved certification across multiple platforms.

"FY 2025–26 is a defining year for EKA Mobility. We are not only scaling volumes but also expanding our manufacturing footprint by adding a new plant recently and increasing our planned annual capacity to 10,000 buses, 6,000 trucks and 24,000 SCVs. With the widest range of fully homologated, born-electric platforms from last-mile to long-haul, we are uniquely positioned as a full-stack EV company. Our growth across electric buses, small commercial vehicles, and now trucks validates both market demand and our execution capability.

India's transition to clean commercial mobility is accelerating, and EKA is at the forefront driving this shift at scale, with technology, innovation, and global ambition."

— Dr. Sudhir Mehta, Founder & Chairman, EKA Mobility

Strong Business Momentum Across Segments

  • Electric Bus Leadership:
    Secured wins under PM e-Bus Sewa and PM E-DRIVE; deployed vehicles across 15+ states including Maharashtra, Gujarat, Uttar Pradesh, Karnataka, and Delhi
  • SCV Breakout Year:
    Strong uptake of 3S & 6S passenger vehicles and 3W cargo platforms, accelerating last-mile mobility adoption
  • Electric Trucks:
    New Growth Engine: Entry into heavy-duty trucks contributing to growth and expanding presence in logistics electrification
  • Hydrogen Fuel Cell:
    Deployed a 9-metre hydrogen fuel cell bus at Cochin International Airport with KPIT Technologies and BPCL; plans to deploy 15 more buses

Key Highlights:

Global Expansion:

  • Commenced electric bus deployments in Africa
  • Partnership with Kerchanshe Group for CKD assembly and distribution
  • Agreement with NBFI Capital for manufacturing in Australia

Manufacturing Scale-Up:

  • Two Pune facilities operational; Pithampur plant to be operational shortly
  • Planned annual capacity: 10,000 buses, 6,000 trucks and 24,000 SCVs

Retail Network:

  • Expanded dealership network; plans to add 120 dealerships in FY27

Order Book Visibility:

  • 6,000+ confirmed e-buses to be delivered over the next two years

About EKA Mobility

EKA Mobility is a Pune-based electric vehicle and technology company focused on transforming India's commercial mobility landscape. With a portfolio spanning electric buses, electric trucks, and small commercial vehicles, EKA combines electric vehicle manufacturing with proprietary AI-powered fleet technology to deliver end-to-end mobility solutions.

EKA Mobility is backed by Mitsui & Co., Ltd. (Japan), VDL Groep (Netherlands), Pinnacle Industries Limited, Enam Holdings and the NIIF India-Japan Fund as equity and strategic partners and has expanded its footprint to markets in East Africa, South Africa, and Australia.

To know more about the company, kindly visit: https://ekamobility.com 

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

EKA Mobility Achieves 5x Volume Growth

EKA Mobility Achieves 5x Volume Growth

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