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China's EV dominance pressures European automakers amid electrification gap
Capital.grLO·CN · DE · FR·3 days ago
China published a development plan on Friday aiming to become a global leader in the automotive industry by 2030, focusing on intelligent connected vehicles (ICVs) and new energy vehicles (NEVs). The plan signals a strategic push to dominate the entire production chain, which could intensify global competition in automotive trade and technology. The specifics of the plan are not detailed, but the ambition is clear.