Beijing Orders EV Quality Checks in Price War Crackdown · TechNode
- Chinese authorities ordered enhanced inspections and quality verifications of electric vehicles amid a prolonged industry price war.
- This regulatory move responds to concerns from a two-year price war that raised doubts about vehicle safety and product consistency.
- The relevant Chinese authorities will oversee vehicle models that pose safety concerns and enforce penalties on manufacturers who fail to meet national standards, aiming to safeguard the progress made in the new energy vehicle sector.
- Ni Jun, CATL's chief manufacturing officer, warned that without government intervention, the brutal discount war could eliminate many competitors in the EV market.
- The crackdown suggests Beijing aims to stabilize the EV sector’s supply chain and uphold product quality amid fierce competition and sustained market expansion.
17 Articles
17 Articles
CATL Prioritizing Overseas Expansion as EV Price War Persists
Contemporary Amperex Technology Co. Ltd., the world’s largest electric vehicle battery maker, is making overseas expansion its “No. 1 priority” as intense competition in China’s domestic car market threatens the industry’s health, according to Chief Manufacturing Officer Ni Jun.
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Beijing orders EV quality checks in price war crackdown · TechNode
Chinese authorities recently called upon the country’s new energy vehicle (NEV) makers to step up efforts to ensure the reliability of their vehicles and ordered enhanced inspections against the backdrop of a relentless price war across the industry that has raised concerns about quality issues. Why it matters: Beijing’s warning is the latest sign of growing regulatory scrutiny of the Chinese electric vehicle market. It comes after Great Wall Mo…
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