Benzinga | Sep 13, 2021 05:05AM EDT

China's Industry and Information Technology Minister Xiao Yaqing Said China has Too Many EV Makers; Government will Encourage Consolidation

-Reuters

https://www.reuters.com/business/autos-transportation/china-has-too-many-auto-companies-now-consolidation-needed-minister-2021-09-13/#:~:text=BEIJING%2C%20Sept%2013%20(Reuters),EV%20sales%20in%20rural%20markets.