Interview: Production capacity imbalances are not "overcapacity", says business insider

LONDON, May 9 (Xinhua) -- Production capacity imbalances between countries are geographical differences in competitiveness, and it is misleading to call them "overcapacity", senior business expert Wu Kegang told Xinhua in a recent interview.

From a global perspective, "overcapacity" in electric vehicles (EV) is not happening, said Wu, a former China adviser to the British Chambers of Commerce, in response to recent hype over China's "overcapacity" in new energy vehicles.