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Why Shenzhen City?
Shenzhen: The new center of the global automotive industry.
Since 2024, Shenzhen has led the nation not only in the registration and use of "New Energy Vehicles" (NEVs)—including pure electric cars, hybrids, and fuel cell vehicles—but also in their production.
 The Shenzhen city government announced that preliminary statistics indicate more than 2.8 million cars were built there in 2024. This was one million more than in 2023. Even then, Shenzhen had held the title of "China's NEV City Number 1" for the second year in a row. Following last year's massive growth, the city has also become the national leader in overall vehicle production, whether combustion engine vehicles or NEVs.
BYD and Huawei, the two great companies, headquartered in Shenzhen, represent the trends of EVs, autonomous driving, ADAS, and smart cockpits in China.