Experts slam ‘overcapacity’ talk

Employees work at an auto production facility in Jinhua, Zhejiang province, in April. [HU XIAOFEI/FOR CHINA DAILY] BEIJING — China’s booming new energy vehicle sector recently drew scrutiny for purported “Chinese overcapacity” from certain Western nations. To provide clarity on the industry’s landscape to a global audience, three government officials and an industry expert joined … Continue reading Experts slam ‘overcapacity’ talk

China’s new energy vehicles boast global competitive edges: officials

A consumer learns about Xiaomi’s new energy vehicle model SU7 at a retail shop in Beijing, capital of China, March 28, 2024. [Photo/Xinhua] BEIJING — China’s new energy vehicles (NEVs) boast global competitive advantages, thanks to technological breakthroughs, well-developed industrial chains, and an open and innovative industry ecosystem, officials said. Chinese automakers account for four … Continue reading China’s new energy vehicles boast global competitive edges: officials