Provided is an electric valve and a manufacturing method thereof. The electric valve includes a valve body member, a valve seat member, a transmission member, a valve core member and a nut. The valve core member includes an upper tubular body including a first cavity, a valve core body and a connecting member. The valve core body is roughly in a round tubular shape and includes an annular thin wall portion and a second cavity. The connecting member includes a first axial through hole, and the upper end portion of the connecting member includes a lower stop portion. The annular thin wall portion is capable of abutting against a sealing portion of the valve seat member. A lower end portion of the nut is engageable with the lower stop portion to limit downward movement of the nut.