China Urges Automakers to Retain Key EV Technology Domestically
The Ministry of Commerce advises against overseas investments in India and Turkey, stressing the export of knock-down kits to mitigate geopolitical risks.
- China's Ministry of Commerce has instructed automakers to keep advanced EV technology within the country despite expanding global manufacturing.
- Automakers are encouraged to export knock-down kits for final assembly abroad, rather than setting up full-scale production facilities.
- The directive aims to protect trade secrets and mitigate regulatory risks amid increased international tariffs on Chinese-made EVs.
- China advised against auto-related investments in India and Turkey, highlighting geopolitical and regulatory challenges in these regions.
- The move could impact the globalization efforts of Chinese automakers, potentially affecting job creation and economic boosts in foreign markets.
EV 
South China Morning Post 
Benzinga 
CNA 
