The Ministry of Industry and Information Technology and others held a symposium for battery industry enterprises to continuously deepen the governance of "involution and externalization" and other work

The Ministry of Industry and Information Technology, the National Development and Reform Commission, the State Administration for Market Regulation, and the National Energy Administration held a joint symposium for enterprises in the power and energy storage battery industry to deploy work related to regulating industrial competition order. Relevant responsible persons from the China Automotive Power Battery Industry Innovation Alliance, the China Battery Industry Association, and 16 key power and energy storage battery enterprises attended the meeting.

The meeting required consolidating and deepening the effectiveness of regulating industrial competition order, leveraging the role of departmental collaboration mechanisms, and continuously promoting capacity warning control, regulating price competition, compressing supplier payment terms, strengthening product quality supervision, combating intellectual property infringement, and addressing "involution and externalization," as well as standardizing and guiding local investment attraction behaviors to promote high-quality industrial development.

The meeting also discussed a list of negative behaviors related to irrational competition in the power and energy storage battery industry