China's Ministry of Industry and Information Technology has unveiled guidelines to support the domestic new energy vehicle (NEV) industry amidst foreign trade restrictions. The measures include setting up R&D and after-sales service centers abroad, collaborating with foreign partners in supply chain building, and working closely with shipping companies on transportation logistics. Additionally, the ministry aims to optimize export procedures for NEVs and batteries, as China becomes the largest auto exporter in 2023.

China's Support for NEV Industry