A view of an assembly line of smart vehicles in Jinhua, Zhejiang province. HU XIAOFEI/FOR CHINA DAILY
CHINA has doubled down on steering the new energy vehicle industry away from cutthroat competition toward technology-led growth, with three high-level industrial meetings this week all stressing core innovation, particularly on autonomous driving and next-generation battery technologies.
The Ministry of Industry and Information Technology, the National Development and Reform Commission and the State Administration for Market Regulation held a roundtable meeting with 17 major automakers to rein in unbridled competition on Tuesday.
