China Drafts Policy to Allow New Electric-Vehicle Makers
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China is seeking to finish drafting a policy by the end of the year that would allow new players to produce electric vehicles in the world’s largest auto market, an official with the nation’s top planner said.
The National Development and Reform Commission is working on the project following the cabinet’s mandate to support innovative companies in developing new-energy vehicles, according to Wu Wei, an official with the NDRC department overseeing industry planning and policy drafting.