Taizhou's auto industry speeds ahead with innovation and investment surge

A factory run by Great Wall Motor in Taizhou, Jiangsu province. [Photo/WeChat account: txgb981]

Taizhou's automotive and auto parts industry is one of the fastest-growing pillars of the city's equipment manufacturing sector, driven by steady expansion and accelerating innovation.

From January to November 2025, the industry generated nearly 70 billion yuan ($10.2 billion) in output. Growth was led by four core component segments — power systems, automotive electronics, chassis systems and body systems — which rose 11.8 percent, 6.8 percent, 5.2 percent and 3.3 percent year-on-year, respectively.

Great Wall Motor's Taizhou branch is leading the way by increasing its focus on research and development. The company has recently introduced an upgraded version of the Ora Good Cat, strengthening its competitiveness in the fast-evolving new energy vehicle market.

Traditional parts manufacturers are increasingly focusing on advanced vehicle technologies, including intelligent and connected systems. Xincheng Automotive made significant progress by upgrading materials and optimizing structures, developing a lightweight anti-collision beam that reduces weight by 30 percent while enhancing strength by 50 percent. The product has secured the company a place on the core supplier lists of major automakers such as BYD and Nio.

Pacific Precision Forging has expanded beyond conventional manufacturing into robotics, establishing a smart joint technology subsidiary and investing 50 million yuan in a leading robotics company in Wuhan to foster coordinated development across the supply chain.

Meanwhile, Huada Automotive Technology invested tens of millions of yuan to build a fully automated production line, entering Xiaomi Auto's supply chain and helping more than 10 local firms integrate into the new energy vehicle ecosystem.

Investment momentum remains strong. In the first 11 months of 2025, 23 automotive and parts projects were included on provincial and municipal key project lists, with total investment reaching 5.56 billion yuan — 102.2 percent of the annual target.