On May 22, reports emerged that the European Commission had recently proposed legislation for the Industrial Accelerator Act, imposing stringent restrictions on foreign investment in four key industries, including batteries and electric vehicles. These measures include a cap on foreign ownership at 49%, mandatory technology transfers, a requirement for at least 50% of staff to be locally hired, and a preference for products of "EU origin" in public procurement processes. Such provisions are viewed as an unjustifiable suppression of China’s automotive sector, amounting to institutional discrimination. They undermine the fairness of industrial cooperation and market competition between China and Europe, as well as harm the interests of Chinese automotive companies and related industries. The China Association of Automobile Manufacturers has expressed grave concern and strong dissatisfaction with these developments and firmly opposes them. The association is committed to resolutely safeguarding the industry’s interests, closely tracking the legislative progress, and assisting member companies in responding proactively.