China’s new automotive strategy pushes for a major shift toward electric commercial vehicles, aiming to make up nearly half of all sales, alongside a push for widespread autonomous driving technology. The plan also seeks to streamline the industry by promoting mergers and acquisitions to tackle persistent overcapacity and improve product quality. With the government emphasizing efficiency and innovation, the move signals deeper integration of electric and smart technologies in China’s transportation sector. Industry observers will watch closely to see how these ambitious goals reshape competition and production standards.
Beijing's latest automotive plan also targets 40% electric commercial vehicle sales and large-scale autonomous driving deployment, while encouraging consolidation to address overcapacity and quality ...
