The Wuhan Economic & Technological Development Zone (WEDZ) has been at the forefront of creating a highly integrated industrial ecosystem to enhance upstream and downstream collaboration and establish an efficient, compact supply chain.
A key innovation from WEDZ is the "wall-to-wall supply" model, exemplified at the Intelligent Connected and Electric Vehicle Industrial Park. Here, Lotus Vehicles' global smart factory recently launched a sleek, all-electric supercar aimed at international markets.
Next to Lotus is Wuhan Aiki New Energy Vehicle Co. This is the third auto parts manufacturing facility in Wuhan by Japan's Aiki Group, a global leader in automotive stamping technology.
The park has developed a comprehensive directory of nearly 100 local parts manufacturers to bolster local enterprise support and improve supply chain stability and security. This handbook is designed to facilitate better inter-company understanding.
Through the "Chebailian" platform, the park identifies high-quality enterprises within the province's industrial chain and organizes on-site supply-demand matchmaking events.
In collaboration with municipal authorities, WEDZ has compiled a list of over 200 enterprises to address local deficiencies. The ongoing "Parts Industry Development" initiative attracts over 30 supporting enterprises annually, increasing the automobile parts-to-vehicle ratio from 0.39:1 to 0.68:1, and establishing a "two-hour supply chain circle" within a 50-kilometer radius.
