China Directs Its Automakers Not To Make Auto Related Investments In India. Full Report

China is taking strategic steps to safeguard its electric vehicle technology while navigating global trade dynamics. A recent Bloomberg report reveals that China is urging its automakers to keep their advanced EV technology within the country. As Chinese carmakers expand their global footprint to avoid high tariffs, they are encouraged to export the knock-down kits only. The report also highlights that the Chinese Ministry of Commerce recently advised automakers against investing in India and instructed those planning to invest in Turkey to notify the Ministry of Industry and Information Technology first. Watch this video to know more.