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Non-car companies can obtain NEV production licenses in future

Source: chinanews.com | Date: Nov. 5

  • Dozens of non-automobile companies have been applying new energy car production licenses. An official from the Ministry of Industry and Information Technology predicts that some qualified companies will obtain the licenses to produce new energy vehicles soon.

  • Currently, the Ministry of Industry and Information Technology and the National Development and Reform Commission are responsible for issuing new energy car production licenses.

  • The suggestions for the 13th Five-Year Plan specify the need to implement new energy car promotion programs and raise the standards of the electric car sector.

  • Currently, apart from the availability of charging posts and battery performance, high entry criteria are a key limiting factor in the development of new energy cars. Hence, easing the entry criteria for new energy car companies will give a fresh boost to the new energy car market.