SHANGHAI -- China on Friday said it will introduce export controls on pure electric passenger cars, amid domestic concerns over excessive price competition among the country's EV makers and global complaints about a flood of cheap cars.
Government to launch licensing regime to 'promote healthy development'
BYD electric vehicles await export at the port of Lianyungang in China's Jiangsu province in April 2024. (China Daily via Reuters)
SHANGHAI -- China on Friday said it will introduce export controls on pure electric passenger cars, amid domestic concerns over excessive price competition among the country's EV makers and global complaints about a flood of cheap cars.