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As the Electric Vehicle Industry Grows Globally, Beijing Wants Chinese EV Tech to Stay at Home

16 Sep 2024 | Abstracted from Time

"Beijing is encouraging Chinese automakers to export so-called knock-down kits to their foreign plants...meaning key parts of a vehicle would be produced domestically..China’s directive comes at a time most major Chinese carmakers are looking to localize manufacturing so as to avoid tariffs

"It could also come as a blow to those European nations wooing Chinese carmakers in the hopes their presence will bring jobs and a local economic boost."

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