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China's Technical EV Specs Are an Interesting Regulatory Insight

From autonomous driving to consumer rights, it pays to read the fine print.

An electric vehicle during a test drive at a manufacturing plant in Ningbo, Zhejiang Province, China. 

An electric vehicle during a test drive at a manufacturing plant in Ningbo, Zhejiang Province, China. 

Photographer: Gilles Sabrie/Bloomberg
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As 2022 dawns, it’s become clear how industry policy and regulations in China have nurtured and driven the growth of the alternative energy vehicle industry. With electric cars accounting for about one in every five automobile sales last month, China’s EV market is entering a maturation phase. The government is taking steps including scaling back subsidies for EV purchases and lifting the cap on foreign automakers’ stakes in local joint ventures.