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Changzhou常州

Tier 3 - Medium City

A tier-3 city that bet big on the new energy vehicle supply chain and won. Changzhou's transformation into "New Energy Capital" is a textbook case of lower-tier city industrial upgrading.

GDP

$115B

2023

Population

5.35M

residents

Industry Output

¥500B

all sectors combined

Sectors Active

3

frontier tech sectors

Key Facts

  • Produces 1 in every 6 NEVs sold in China
  • Complete NEV supply chain from battery materials to finished vehicles
  • CATL, BYD, and Li Auto all have major production bases here
  • Branded itself "New Energy Capital" (新能源之都)

Major Companies

CATL (Changzhou)

宁德时代(常州)

300750.SZ

CATL's major battery production base in Changzhou, part of the "New Energy Capital" cluster.

Batteries & Energy Storage

Founded 2011

Li Auto

理想汽车

LI

Extended-range EV maker with primary manufacturing in Changzhou, known for family-oriented SUVs.

EVs & NEVs

Founded 2015

One of the world's largest solar panel manufacturers, headquartered in Changzhou with global module shipments exceeding 65 GW.

New Energy (Solar, Hydrogen)

Founded 1997

History & Context

Changzhou was a traditional manufacturing city known for textiles and machinery. In the 2010s, the city government made a strategic decision to pursue the NEV supply chain. By offering land, tax breaks, and streamlined approvals, Changzhou attracted CATL's battery production, BYD's vehicle assembly, and hundreds of component suppliers. By 2023, the city had built a complete NEV supply chain with over 3,000 companies. This transformation made Changzhou a model for how tier-3 cities can leapfrog into advanced manufacturing.