Chinese regulators have released new guidelines targeting automakers, including major players like BYD, to prevent pricing strategies that distort market competition. The rules emphasize compliance with anti-monopoly laws, fair labor practices, and corporate social responsibility standards. Authorities appear focused on ensuring a level playing field amid rapid growth in the electric vehicle sector. The move signals heightened scrutiny over business conduct in China’s automotive industry.
Chinese regulators issued guidelines urging automakers including BYD to avoid pricing that creates unfair competitive advantage and to comply with anti-monopoly, labor and corporate responsibility ...