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Re: duelittle2 post# 77383

Tuesday, 06/20/2017 11:44:22 AM

Tuesday, June 20, 2017 11:44:22 AM

Post# of 207107
No Permit is Required for Electric Vehicle and Battery Production

https://www.camcard.com/info/l594343c0f149bc24c9540d2b

This new measure by the China National Council to eliminate production permit for EV and battery manufacturers is to let free competition and market decides who is the winner of the competition.

It is a good news for ZJMY and the whole EV industry in China.

This news is in contrary to the news published a few days ago by Bloomberg that China wants to limit the number of EV manufacturers to fifteen.