National Development and Reform Commission launches investigation on investment status of new energy vehicles.

According to the news from Yicai, the National Development and Reform Commission (NDRC) has conducted an investigation on the production and project status of new energy vehicles (including passenger vehicles and commercial vehicles) to strengthen investment supervision and promote the high-quality development of the new energy vehicle industry.

In the “Notice on the Investigation of the Production and Project Status of New Energy Vehicles” issued by the NDRC, local development and reform commissions are required to provide information on the new pure electric vehicle projects (including passenger vehicles and commercial vehicles) approved or filed in the local area since 2015, construction progress, annual production status, as well as the production operation and filing status of new energy vehicle investment projects of existing automobile companies from 2019 to 2020 and ongoing projects. It also requires detailed reports on the automobile and component projects that Evergrande, Baoneng, and other companies have invested in or planned to invest in since 2017, including information on land use, construction content, project progress, and completed investment.

The notice also mentions the “Development Plan for the New Energy Vehicle Industry (2021-2035)” issued by the State Council in October 2020, which emphasizes the need to strengthen supervision during and after the event, consolidate the responsibility of local authorities, and curb the chaos of blindly launching new energy vehicle manufacturing projects.

🔗 Source: Yicai

This article is a translation by ChatGPT of a Chinese report from 42HOW. If you have any questions about it, please email bd@42how.com.