Guangdong and Anhui, two of China's foremost automotive manufacturing hubs, are embarking on a concerted effort to regulate the competitive landscape within the new energy vehicle (NEV) industry. The initiatives encompass bolstering product quality assurance, enforcing prompt payment terms, streamlining supplier payment procedures, clamping down on 'online mercenaries', and reinforcing industry self-regulation. The authorities in Guangdong highlight the significance of policy direction, fostering collaborative innovation between automakers and component manufacturers. To this end, Guangdong is actively enforcing the "Regulations on Ensuring Payment for Small and Medium-sized Enterprises", urging automakers like GAC Group, BYD, and XPeng to pledge payment to suppliers within 60 days, fostering mutually beneficial partnerships between automakers and upstream suppliers. Furthermore, Guangdong will adhere to the work deployment of the State Council Executive Meeting, aimed at regulating the competitive dynamics within the NEV sector.
Similarly, the competent authority in Anhui Province has vowed to align with the directives of the State Council Executive Meeting, guiding automakers to enhance product quality management, honor payment term commitments, and intensify technological innovation to break through core technologies, elevate product quality, and bolster industrial competitiveness, thereby promoting the sector's sustainable growth. Additionally, Anhui will harness the influence of industry associations to advocate for lawful, fair, honest, appropriate, and orderly competition, collectively combating online disruptions such as 'online mercenaries' and 'black PR'.