On September 11, nine departments including the Ministry of Industry and Information Technology jointly issued the “15th Five-Year Plan for the Development of the Intelligent Connected New Energy Vehicle Industry”, which proposed that by 2030, the advantages of China's entire intelligent connected NEV industry chain will be further consolidated and entered the ranks of the world's automobile powers. The “Plan” also sets a number of quantitative indicators such as the penetration rate and energy consumption of new energy vehicles. The Securities Times reporter learned in an interview that the heads of several car companies have carefully studied the “Plan”, and the policy research departments of the relevant companies have organized and carried out the study, which will later be conveyed throughout the company. “The policy focus is shifting from scale expansion to strengthening governance and improving quality”, which has become the judgment of all parties. “Early warning and control of production capacity” was first written into the “Plan” and became an important highlight of concern in the industry. A person in charge close to NIO told reporters that some “zombie production capacity” that relies on policy protection may be under pressure to clear up; companies with technological advantages, brand potential, and integration capabilities are expected to gain more space to allocate resources. In an interview with a reporter from the Securities Times, Cui Dongshu, head of the China Automobile Dealers Association, said that early warning and regulation of production capacity is currently a key gripper for the high-quality development of the automobile industry, with the intention of curbing blind initiation of new projects and repeated construction at the source. Strict requirements for building independent NEV companies, mergers and restructuring, and speeding up qualification group management reforms. The industry's signal has become clear. China's automobile industry is standing at a critical turning point from scale expansion to quality.

On September 11, nine departments including the Ministry of Industry and Information Technology jointly issued the “15th Five-Year Plan for the Development of the Intelligent Connected New Energy Vehicle Industry”, which proposed that by 2030, the advantages of China's entire intelligent connected NEV industry chain will be further consolidated and entered the ranks of the world's automobile powers. The “Plan” also sets a number of quantitative indicators such as the penetration rate and energy consumption of new energy vehicles. The Securities Times reporter learned in an interview that the heads of several car companies have carefully studied the “Plan”, and the policy research departments of the relevant companies have organized and carried out the study, which will later be conveyed throughout the company. “The policy focus is shifting from scale expansion to strengthening governance and improving quality”, which has become the judgment of all parties. “Early warning and control of production capacity” was first written into the “Plan” and became an important highlight of concern in the industry. A person in charge close to NIO told reporters that some “zombie production capacity” that relies on policy protection may be under pressure to clear up; companies with technological advantages, brand potential, and integration capabilities are expected to gain more space to allocate resources. In an interview with a reporter from the Securities Times, Cui Dongshu, head of the China Automobile Dealers Association, said that early warning and regulation of production capacity is currently a key gripper for the high-quality development of the automobile industry, with the intention of curbing blind initiation of new projects and repeated construction at the source. Strict requirements for building independent NEV companies, mergers and restructuring, and speeding up qualification group management reforms. The industry's signal has become clear. China's automobile industry is standing at a critical turning point from scale expansion to quality.