Yuyao's "New Trio" Accelerates Global Expansion

Deep News12-07 10:11

Year-end production is in full swing. At the Lynk & Co plant in Yuyao, the four major workshops—stamping, welding, painting, and assembly—are operating at full capacity. Over a thousand intelligent devices, including automated guided vehicles and robotic pouring systems, work in seamless coordination, producing more than 500 vehicles daily.

Meanwhile, a monthly overseas product line meeting is underway in an adjacent building. Key executives from the plant, Lynk & Co’s overseas sales team, and R&D personnel are gathered to discuss market expansion strategies, regional sales performance, and product optimization.

"We’re analyzing regional sales trends and customer feedback to drive product improvements and capacity upgrades, aiming to expand our global footprint," said Bai Kai, Overseas Project Manager at the plant. From January to October this year, the plant exported 14,600 new energy vehicles, a 290% year-on-year increase.

As the global quality and manufacturing hub for Lynk & Co under GEELY AUTO, the Yuyao plant has been expanding its overseas presence since its 2020 launch. Bai attributed the success to advancements in core "three-electric" (battery, motor, and electronic control) technologies and smart features. Currently, the Lynk 01 EM-P and Lynk 08 EM-P series are exported to Europe, Southeast Asia, Latin America, and the Middle East.

The rise of one vehicle has strengthened the entire supply chain. Yuyao has built an industrial base covering new energy vehicles, lightweight auto parts, power battery systems, and automotive electronics, with around 100 large-scale enterprises in the ecosystem. Within the China-Italy Ningbo Ecological Park alone, 16 auto parts suppliers have clustered around Lynk & Co, generating CNY 22.19 billion in output last year—44.5% of the park’s total industrial output. The "upstairs-downstairs" industrial synergy is rapidly taking shape.

Amid the global energy transition, China’s "new trio"—new energy vehicles, lithium batteries, and photovoltaic products—has become a key export driver. Zhejiang Chaohua Dingguan Energy Technology Co., located in the same park, is racing to fulfill orders. "Demand for energy storage batteries remains strong, with multiple production lines running at full capacity," said Liu Dayong, the company’s General Manager. From January to October, exports hit CNY 17 million, with products reaching Europe, Southeast Asia, and Africa, earning recognition for their reliability.

Liu is also spearheading the signing of key Q4 projects, including a mobile solar-storage system for a Malaysian mine. "The system offers plug-and-play deployment, addressing slow response times and high costs in remote areas like mines and oil fields," he noted.

To facilitate the "new trio’s" global push, Yuyao Customs has streamlined processes with advance declarations and self-printed certificates of origin, cutting clearance times. For urgent orders, a "local-port" coordination mechanism ensures seamless handling from declaration to release.

Data shows Yuyao’s "new trio" exports surged 120.8% year-on-year to CNY 3.08 billion from January to October.

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