· Electronics & Manufacturing · Source: economictimes.indiatimes.com

China excludes EVs in latest five-year plan as industry grapples with oversupply

China’s latest five-year plan notably excludes electric vehicles (EVs) amid an industry grappling with oversupply. The move signals a shift in government priorities, as domestic manufacturers face slowing demand and mounting inventory. Analysts suggest this could impact global EV supply chains, prompting companies to reassess production, exports, and investment strategies in the Chinese market.

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