This year's Global Intelligent Vehicle Summit – or GIV2022 – was held in Hefei, capital of East China's Anhui province, from Dec 16 to 17.

A group of 10 projects signed up to settle in the Hefei National High-tech Industry Development Zone, or Hefei high-tech zone, with a total investment of 5.25 billion yuan ($752.5 million).

The Investor Forum is held during this year's GIV2022 in Hefei, on Dec 16. [Photo/WeChat ID: hefeigaoxinfabu]

The projects are expected to drive the zone's new energy vehicles and intelligent connected vehicle sectors forwards.

The top two projects, worth about 1.7 billion yuan and 1.1 billion yuan respectively, are being funded by Sungrow Power Supply Co Ltd and Kewell Technology Co – influential players in providing test solutions and intelligent manufacturing equipment to various industries based on test power supplies.

Projects announce they are moving to the Hefei zone. [Photo/WeChat ID: hefeigaoxinfabu]

The zone has attracted more than 20 such projects to date, with total investment of around 20 billion yuan since 2020.

An impressive panorama of Hefei high-tech zone. [Photo/WeChat ID: hefeigaoxinfabu]

Plans are afoot for the zone to develop itself into a global hub for intelligent connected vehicles through a range of targeted efforts – including promoting technological innovation, commercialization of scientific achievements and talent training.