EV Technology at the Heart of China's Strategy Against India
Wednesday, 11 September 2024, 20:23
China's Strategic Use of EV Technology
In a bid to strengthen its position in the automotive market, China is pushing its carmakers to limit disclosures regarding EV technology to foreign markets, especially India.
The Context of the Directive
- The directive comes after
- the controversial probe into SAIC Motor Corp., a major player in the EV space.
- SAIC previously held significant stakes in MG Motor India.
- Concerns about technology transfer
- and potential espionage have fueled these control measures.
Implications for Indian Automakers
This move by China could hinder India's automotive ambitions and affect its EV market growth. As countries race to secure their technology, the competition is heating up.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.