The Chinese Association of Automobile Manufacturers (CAAM) criticized as a classic case of trade protectionism the US exaggeration of overcapacity concerns and national security fears regarding China’s new energy vehicle (NEV) sector.
Fu Bingfeng, executive vice president and secretary-general of CAAM, emphasized that such protectionist and isolationist actions “should not be the themes” of the NEV industry. Fu made the remarks amid news of planned new tariffs on Chinese electric vehicles by the United States.
A global vision and an open mindset are necessary to promote the robust development of the automotive manufacturing sector, said Fu, highlighting China’s commitment to a high level of openness that promises greater market opportunities for global automotive companies.
CAAM recently released the first set of inspection results regarding vehicle data processing, affirming compliance with safety standards for 76 vehicle models across six companies, including BYD, Li Auto, Lotus, Hozon New Energy, Tesla and NIO.
“Tesla, the only foreign-funded automobile company in this set of inspection results, actively participated as it recognizes the future consumer trends of autonomous driving in the vast Chinese market,” Fu said.
CAAM is a self-regulatory, non-profit social organization composed of companies, institutions and groups involved in the production and operation of complete vehicles, auto parts and related sectors in China. The Beijing-based association is a member of the standing council of the International Motor Vehicle Manufacturing Organization and has established close ties with international automotive industry organizations as well as automotive-related organizations in many countries and regions.
Source: https://www.chinahoje.net/associacao-automobilistica-da-china-critica-protecionismo-dos-eua-no-setor-de-nevs/
