The Wanxiang Group was awarded a contract by the City of Hangzhou to develop a new industrial park, named the Wanxiang Innovation Energy Fusion City (WIEFC) over the next seven years (2017–2024). In 2016, the Group asked the RAND Corporation to help achieve its vision of developing the WIEFC into an innovative cluster built around smart and green automotive technologies by developing a mission statement and recommending supporting policies.
