On September 25th, the 2023 China Car Valley Automobile Parts Investment Conference was held. The "China New Energy Automobile Parts Industry Base" awarded by the China Automobile Industry Association was settled in Wuhan Economic and Technological Development Zone Intelligent Network and Electric Vehicle Industrial Park.

It is understood that the park is planned to cover an area of 108 square kilometers, focusing on the development of strategic emerging industries such as next-generation vehicles, intelligent manufacturing, new energy and new materials, and gathering more than 770 enterprises.

In the future, the park will take the projects such as the Lotus Global Smart Factory and the Zhongchuang New Aviation Wuhan Base as the focus to attract a number of head new forces car companies and supporting parts enterprises to settle in, creating a "smart manufacturing leading zone" and a "billion-dollar avenue", and rising the new energy automobile core industry belt of the Shawl Avenue.