What's New

Recently, Wucheng District in Jinhua, Zhejiang Province witnessed a landmark event as Zhejiang Langbo Power Technology Co., Ltd. commenced construction on its new energy vehicle components project, with an annual production capacity of 12 million sets. The project represents a total investment of 1 billion yuan, with the first phase involving 600 million yuan. Spanning 50 mu (approximately 3.3 hectares), the facility will cover a total floor area exceeding 48,000 square metres, marking a crucial addition to the new energy vehicle components landscape in the Yangtze River Delta region.

Of particular note is that Langbo Power's product portfolio directly addresses core requirements for new energy vehicles: encompassing high-performance brake calipers, resistive heat sinks, lightweight cylinder heads and blocks, and the crucial battery tray—the latter being a key structural component in current integrated die-casting and Cell-to-Body (CTB) technologies.

I. Not merely establishing factories, but pursuing intelligent upgrades

Langbo Power's expansion goes beyond mere capacity increase, instead reconstructing its production system with ‘smart manufacturing’ as its foundation. The project will construct two new frame-structured factory buildings, one steel-framed facility, and one staff accommodation block. Concurrently, it will introduce intelligent production lines and an R&D testing centre, achieving full-chain digitalisation from design and manufacturing to quality control.

This signifies that its products will not only target cost-sensitive markets but also possess the technical capability to serve premium vehicle manufacturers. It is reported that upon reaching full production capacity, the project will directly supply major new energy vehicle manufacturers such as Volkswagen, FAW, and BYD, thereby entering the top-tier supply chain system.

II. Wucheng: A Quietly Emerging Hub for New Energy Components

Langbo Power's decision to establish operations in Wucheng was no coincidence. This central Zhejiang city has cultivated a nascent yet substantial new energy vehicle industrial cluster:

Wanliyang, a leading domestic supplier of gearboxes and electric drive systems;

Jinfly Keda, a globally renowned manufacturer of aluminium alloy wheels accelerating its expansion into integrated die-casting;

Kaizhuoli specialises in automotive electronics and thermal management systems;

HydroTech focuses on core components for hydrogen fuel cells.

This ecosystem of ‘whole-to-component synergy’ has enabled Wucheng to rapidly transform from a traditional manufacturing base into a pivotal hub within the new energy industry chain.

The density of its component cluster determines a city's standing amidst the wave of automotive transformation towards electrification, intelligent connectivity, automation and sharing.

III. Yangtze River Delta: Supporting Half of China's Automotive Industry

The rise of Langbo Power epitomises the dynamism of the Yangtze River Delta's automotive industry. Across the region, Zhejiang, Jiangsu and Anhui have forged China's most formidable ‘new energy vehicle manufacturing triangle’:

Zhejiang: Home to Geely, Leapmotor, Zeekr andHozon (Neta), with outstanding strengths in software and intelligent cockpits;

Anhui: Home to NIO, Chery, and BYD's Hefei manufacturing bases, excelling in both battery and vehicle production;

Jiangsu: Home to Li Auto, Avatar, SAIC Maxus, and Honycomb Energy, boasting the most comprehensive industrial chain.

Beyond housing major vehicle manufacturers, these three provinces have nurtured battery giants like CATL (Liyang), Guoxuan High-Tech (Nanjing), and Zhongke Innovation (Changzhou), alongside thousands of specialised, innovative component suppliers.

In contrast, while Langbo Power may not be a giant, its focus on high-value-added structural components and thermal management parts precisely fills the gap in domestic substitution within niche segments. Amidst the broader trend of automakers reducing costs, enhancing efficiency, and localising supply chains, such ‘hidden champions’ are entering a golden window of opportunity.

Conclusion: Small Town, Big Chain – A New Paradigm for China's Intelligent Manufacturing

From a small town in Wucheng to a global supply chain serving BYD and Volkswagen, the story of Langbo Power reveals a profound truth: the competition in new energy vehicles is no longer a contest between individual companies, but a clash between regional industrial clusters.

Looking ahead, as new technologies such as integrated die-casting, CTC battery chassis, and 800V high-voltage platforms become widespread, they will place ever-greater demands on component manufacturers' technological integration capabilities. Those who pioneer the transition towards intelligent, lightweight and modular solutions will secure irreplaceable positions within this trillion-yuan market.

Langbo Power's billion-yuan investment may merely mark the dawn of this industrial revolution. Meanwhile, Wucheng is quietly emerging as one of the finest vantage points for observing the foundational forces driving China's new energy vehicle sector.