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China is lagging in EV parts competitiveness, think tank warns

September 18, 2020

China’s carmakers risk falling behind global rivals because the country trails in the production of advanced components like chips and software that are crucial for modern vehicles, a prominent industry adviser warned.

The government should form a comprehensive component strategy and build a platform that connects automakers with suppliers, helping local developers of advanced parts, Zhang Yongwei, vice president of China EV 100, a high-profile electric-vehicle industry think tank, said Thursday at a forum in Nanjing, China.

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