Three Departments Deploy Measures to Regulate Competition Order in the New Energy Vehicle Sector

[Policy Regulation] Three departments jointly held a symposium, firmly opposing disorderly 'price wars.'

Key Development: 17 Major Automakers Participate in Deployment to Standardize Competitive Practices

On January 14, the Ministry of Industry and Information Technology, the National Development and Reform Commission, and the State Administration for Market Regulation convened a symposium with new energy vehicle (NEV) enterprises, emphasizing adherence to innovation-driven development and quality-first principles to foster a market environment featuring high-quality products at fair prices and equitable competition.

Key Data: Strengthening Cost Investigations and Price Monitoring

The three departments will enhance coordinated supervision, intensify enforcement actions, and carry out inspections on product manufacturing consistency. Enterprises found in violation will be dealt with strictly in accordance with the law to effectively uphold market order and promote high-quality industry development.