Beijing, pushing its electric vehicle market, is making it harder for start-ups to enter as it fights overcapacity

Beijing, pushing its electric vehicle market, is making it harder for start-ups to enter as it fights overcapacity

South China Morning Post - China·2019-01-15 19:02

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Mainland China’s new-energy vehicle (NEV) start-ups are getting a rude reminder from Beijing: prospects and the government’s push of the booming segment is not enough to secure a manufacturing licence.

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