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BAIC Huawei Stelato S9 electric sedan

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China will tweak its policy to give the three centrally-administered automakers a separate assessment of their NEV businesses, a senior official said.
China's NEV industry has grown rapidly over the past few years, but it's private and foreign companies like BYD (HKG: 1211, OTCMKTS: BYDDY) and Tesla (NASDAQ: TSLA) that are leading the way.Because we noticed that car companies invested a lot at the beginning of their entry into the NEV sector, as is the case with the automotive industry all over the world.
With fuel vehicles still having an advantage, it's not very easy for them to go full speed ahead if current profits are taken into account.
We will come out with policies to break down this barrier and assess the technology, market share, and future development.
BYD Sales Freefall is TERRIFYING As Chinese EV "BLOODBATH" Destroys Demand!
@Hamartia Antidote
What do you think? Is the CCP attempting to rein in the private automakers to prop up the 3 state owned automakers FAW, Dongfeng, Changan which haven't really been all that successful?
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Autonomous driving presentation
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Song L EV
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Lynk & Co Zero spy shot
Spy shots
Rendering of what the Lynk & Co Zero might look likeWe use essential cookies to make this site work, and optional cookies to enhance your experience.