In the era of traditional fuel vehicles, the proportion of key components in Chinese enterprises is not high, and they are basically dominated by European, American, and Japanese enterprises. In the era of intelligent electrification, the Chinese factor is becoming increasingly important, and the Chinese automotive supply chain is expected to become a global important center, creating higher value. "said Zhang Yongwei, Vice Chairman and Secretary General of the China Electric Vehicle Hundred Association. At present, the global automotive industry is in a period of deep transformation, with car companies undergoing a reshuffle, and the industrial chain, supply chain, and value chain are also undergoing significant changes. Recently, the China Electric Vehicle Hundred People Association held the first Global Automotive New Ecological Development Conference, focusing on the theme of "Electric and Intelligent Transformation Reshaping the Automotive Value Chain". The attending guests conducted in-depth discussions. The rise in the status of Chinese supply chain enterprises "is due to changes in the external situation and internal dynamics faced by the development of the automotive industry, which have determined that the value chain of the automotive industry must be reshaped," said An Qingheng, director of the China Automotive Industry Advisory Committee. From the external situation, the outbreak of force majeure risks, such as the COVID-19, trade friction, natural disasters, and geopolitics, has brought a great impact on the safety of the automotive industry. At the same time, the anti globalization has brought major challenges to the global automotive industry chain. The supply chain of the industry chain built according to the globalization idea has shown inadaptability. From an internal perspective, the transformation of electrification and intelligence has changed the supply chain of China's automotive industry chain. In the past, China's automotive industry chain focused on producing engines, transmissions, and axles. Due to outdated technology, to produce these components, we had to establish joint ventures with foreign companies and follow the footsteps of foreign automobile giants. In recent years, automatic transmissions were constrained by Japanese companies, causing great difficulties for domestic vehicle manufacturers, "said An Qingheng. However, entering the era of intelligent electrification, the core engines and transmissions of traditional cars are being replaced by "batteries, motors, and electronic controls", while new energy vehicles are also continuously upgrading towards the ultimate intelligent cockpit experience and advanced autonomous driving. China has formed a competitive advantage in the relevant industry chain, with the emergence of power battery suppliers such as Ningde Times and Yiwei Lithium Energy, as well as intelligent vehicle software and hardware suppliers such as Horizon and Hesai Technology. According to data released by South Korean battery market research firm SNE Research, the global installed capacity of power batteries in the first half of this year was 304.3GWh, a year-on-year increase of 50.1%. Among them, China's installed capacity of power batteries accounts for 60% of the market share; Among the top ten companies, China occupies six seats. According to the list of first tier suppliers of drive motors in the new energy passenger vehicle market released by the Gesch Automotive Research Institute, only one foreign-funded automotive component company was listed in the first half of this year. Even if Tesla's self supply and Bosch's joint venture in China, combined with Automotive Electronics, the total share of foreign-funded enterprises is only 24.8%, even less than the top ranked Ford Power. Those foreign automotive component giants who had been leading the way in the era of internal combustion engines have long disappeared from the list. In the era of traditional fuel vehicles, the supply chain established by joint ventures in China was relatively closed, with foreign component companies accounting for more than 80% of the first tier suppliers of some joint ventures. "Zhang Yongwei said that with the acceleration of electrification and intelligent transformation, while China's supply chain's position in the industrial chain has risen, it is also