China to Impose Higher Tech Standards on Electric Vehicle Startups
China’s electric-vehicle industry, with 200-plus companies backed by a raft of billionaires, verges on a massive shakeout as the government imposes stricter technology standards on fledgling manufacturers and considers limiting their number to only 10. The higher standards would be aimed at weeding out the weak, said a senior executive with the state-backed auto manufacturers’ association, and they may push as
Read more