"The slide rails we produce have no creaking noises and operate very smoothly. Behind this is our adherence to the 4S philosophy of 'safety, stability, quietness, and smoothness,' and we have even introduced 10 artificial intelligence solutions for lean manufacturing," said Liu Ligang, General Manager of Faurecia (Yancheng) Automotive Parts Systems Co., Ltd., confidently introducing the freshly produced products to reporters.
While stabilizing the foundation of traditional fuel vehicles, Yancheng New Energy Vehicle Industrial Park in Jiangsu Province is actively laying out new tracks, attracting a group of leading enterprises including Yueda Kia, FAW Yancheng Branch, and Faurecia to settle in the park. Currently, the park has covered the complete supporting system for traditional automobiles and the core "three-electric" system for new energy vehicles, gradually forming a relatively complete industrial chain.
Production workshop of enterprises in Yancheng New Energy Vehicle Industrial Park. Photo by reporter Qiu Yan
The park adheres to the "Kia + FAW" dual-wheel drive strategy, promoting "new energy + export" dual-direction efforts. In the first half of 2025, vehicle production reached 192,900 units, a year-on-year increase of 74%; sales reached 194,000 units, a year-on-year increase of 67%, of which exports accounted for 85,800 units, a year-on-year increase of 20%. Parts enterprises in the park achieved invoiced sales of 3.41 billion yuan, a year-on-year increase of 22%.
Production workshop of enterprises in Yancheng New Energy Vehicle Industrial Park. Photo by reporter Qiu Yan
As a concentration area for Korean enterprises in Jiangsu Province, Yancheng Economic and Technological Development Zone currently has more than 410 foreign-invested enterprises, including over 240 Korean enterprises and 16 European and American enterprises, with actual utilized foreign investment exceeding $4.5 billion. In recent years, the zone's foreign trade import and export has remained stable at over $6.5 billion.
Production workshop of enterprises in Yancheng New Energy Vehicle Industrial Park. Photo by reporter Qiu Yan
"We actively integrate into the Belt and Road Initiative, deeply study and apply economic and trade rules such as the Regional Comprehensive Economic Partnership (RCEP) and the China-Korea Free Trade Agreement (FTA). On the basis of consolidating traditional markets such as Europe, America, South Korea, and Japan, we are making every effort to explore emerging markets including Southeast Asia, the Middle East, South America, Russia, and Central Asia, promoting zero-carbon 'going global,'" said a relevant official from Yancheng Economic and Technological Development Zone. "Since the '14th Five-Year Plan,' the zone's total import and export volume has reached $26 billion, with the 'new three items' represented by new energy vehicles, crystalline silicon photovoltaics, and power batteries accounting for over 50% of exports."
Production workshop of enterprises in Yancheng New Energy Vehicle Industrial Park. Photo by reporter Qiu Yan
In the future, the development zone will continue to build a "3+3+3" industrial matrix, promoting the transformation and upgrading of three leading industries: new energy vehicles and core components, new-generation high-efficiency photovoltaic technology, and new energy storage. It will also promote the growth and strengthening of three characteristic industries: high-end equipment, digital logistics, and medical aesthetics and health care, while accelerating the layout of three new track industries: new-generation information technology, low-altitude economy, and emergency industry, systematically enhancing intelligent, digital, and green productivity.