Chongqing is establishing itself as a pivotal player in the electric motor industry's transformation, hosting the first Global Summit on the Development of the Intelligent Electric Motor Industry in Liangjiang New Area.
But why has this burgeoning industry chosen Chongqing, and what makes Liangjiang the ideal partner?
Chongqing's robust industrial base is a major draw. In 2024, the city produced 2.98 million electric motors, a 19 percent increase from the previous year. The first half of 2025 saw production soar to 2.19 million units, a 58.6 percent rise year-on-year.
The city boasts 17 comprehensive motor enterprises and seven of the top 10 national electric motor companies, including leading brands like Yadea, Aima, and Tailg.
The local supply chain is another catalyst, with over 60 percent of components, such as motors, electronic controls, frames, lights, and instruments, sourced locally.
Chongqing's strategic location at the intersection of the Belt and Road Initiative and the Yangtze River Economic Belt, along with its status as a national transportation hub, offers unique advantages for international expansion. The city is well-positioned to tap into markets with high growth potential in Southeast Asia, Africa, and Latin America.
Chongqing is also at the forefront of digital advancements, developing an aerospace information industry demonstration zone. Technologies like Beidou positioning and mobile communications are becoming widely adopted, providing a strong technological foundation and broad application scenarios for the electric motor industry.
Liangjiang excels in industrial innovation platforms, smart technology, intelligent manufacturing, and computing infrastructure, creating an artificial intelligence cluster. It has established a comprehensive innovation ecosystem for the digital economy, with a digital economy scale exceeding 200 billion yuan and over 8,000 digital economy entities.