Zhongmu New Area Industrial Output Rises 15% as NEV Production Surges 310%
Zhongmu New Area in Henan reported a 15.0% year-on-year rise in above-scale industrial value added in the first half of 2026, with automotive output reaching RMB 6.21 billion, up 34.7%. Vehicle production in the first seven months totaled 39,142 units, up 44.2%, while new energy vehicle output reached 9,258 units, up 310%. The area is advancing its automotive supply chain through a chain-chief mechanism, coordination meetings, service teams, and a three-year development plan.
Since the start of 2026, Zhongmu New Area in Henan has used a chain-chief mechanism for the automotive industrial chain to extend, strengthen, and complete the chain. In the first half of the year, above-scale industrial value added in Zhongmu New Area rose 15.0% year on year, while automotive industry output reached RMB 6.21 billion, up 34.7% year on year. In the first seven months, vehicle production totaled 39,142 units, up 44.2% year on year, and new energy vehicle production reached 9,258 units, up 310% year on year.
Zhongmu New Area holds regular joint meetings and has set up service teams to coordinate key matters in the automotive manufacturing chain, including development planning, investment promotion, project construction, and enterprise cultivation, while proactively visiting companies to deliver policies and resolve difficulties. It has also issued a three-year development plan for the automotive industrial chain.
Zhongmu New Area is focusing on core links in the industrial chain, improving the business environment, broadening investment and financing channels, and building production-sales matching platforms. Haima New Energy Automobile Co. , Ltd. is steadily advancing a technical upgrade of its digital and intelligent factory. Zhengzhou Hongyu Special Purpose Vehicle Co. has officially launched a new Kunsheng three-temperature-zone lightweight pure electric refrigerated vehicle. Zhengzhou BAK Battery Co. continues to work on solid-state battery technology. Next, Zhongmu New Area will implement the industrial chain promotion mechanism and push projects toward landing and production.
Why this event matters
The event has a measured impact on 4 industrys. The strongest current signal is positive for New Energy Vehicles, with intensity 60/100 and 70% confidence over a short term horizon.
New Energy Vehicles
- Direction
- positive
- Intensity
- 60
- Confidence
- 70%
- Horizon
- Short term
Auto Parts
- Direction
- positive
- Intensity
- 50
- Confidence
- 65%
- Horizon
- Short term
Batteries & Energy Storage
- Direction
- positive
- Intensity
- 40
- Confidence
- 60%
- Horizon
- Medium term
Conventional Vehicles
- Direction
- mixed
- Intensity
- 30
- Confidence
- 50%
- Horizon
- Short term
Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.