From September 15 to 17, 2021 World New Energy Vehicle Conference was held in Haikou City, Hainan Province. The brand press conference of "China Wuling, Global New Energy Popularizer" was held on September 15th. At the meeting, it was revealed that SGMW is accelerating the "strong core" strategy, and the Wuling chip has also made its first appearance to the outside world. The company aims to achieve a localization rate of more than 90% in the GSEV platform model chip during the 14th Five-Year Plan period. Since the second half of 2020, affected by the epidemic and the international situation, the "core shortage" has spread around the world. As a large automobile production country and the country with the fastest promotion of new energy vehicles, China has a huge demand for automotive semiconductors, but most of the automotive chips rely on outsourcing. When the production capacity of automotive semiconductors is insufficient, domestic automobile companies will bear the brunt.