Electric Vehicle Manufacturing and Site Selection

Driven by China's '3060' carbon neutrality goals and supported by a raft of industrial policies, China’s Electric Vehicle (EV) production and sales have ranked first globally for each of the last seven years, helping China to achieve the status of the world's largest automobile exporter in 2023.
 
EVs are now firmly established as a key industry that local governments are competing to attract and support. In 2023, national automotive manufacturing fixed asset investment increased by 19.4% y-o-y, the highest growth rate in a decade.
 
CBRE has undertaken a comprehensive analysis of EV manufacturing clusters and related factors to provide recommendations for EV automotive and related parts companies for site selection; suggestions for local authorities on ways to attract investment; and advice for developers on the development and operation of industrial parks.