The Hunan New Energy Automobile Industry Innovation and Development Summit was held in Changsha between November 14 and 15. Hunan Vice Governor He Baoxiang attended.

The event was Hunan’s first industry-oriented investment attraction conference targeting Fortune Global 500, top 500 Chinese enterprises, and top 500 Chinese private enterprises. It focused on the areas including smart energy, electric vehicles, and artificial intelligence. A series of activities were organized to promote cooperation between Hunan’s new energy automotive industry and Global 500 companies, including Hunan provincial leaders meeting with Global 500 executives, presentation of Hunan’s new energy automotive industry investment environment, new energy automotive industry innovation and development forum, and new energy automobile and parts exhibition.

Vice Governor He briefed Hunan’s economic and social development, and highlighted Hunan's unique advantages of developing new energy automotive industry. He said: "We will view the event as an opportunity to further establish a high-quality platform for enterprise exchange and cooperation, and promote more project cooperation.” “This will assist the new energy automotive industry in embracing even more opportunities and more prosperous future, and making new contributions to Hunan’s economic and social development,” he added.

A major project signing ceremony was held. A total of 17 projects worth 13.45 billion yuan were contracted. They included new energy built-up automobile, batteries, charging pile, components and parts, and logistics. At the event, 101 investment projects on automobile industry were also announced, with a total investment of 333.62 billion yuan. Of the total, 26 were new energy and electric vehicles projects with a total investment of 105.009 billion yuan.