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Chips: How quotas are to boost local production

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Published: May 17th, 2024,
Last updated: May 30th, 2025

The Chinese Ministry of Industry and Information Technology has called on car manufacturers to source a quarter of their chips from local manufacturers by 2025. This reports Nikkei Asia. However, these directives are not binding. Instead, a bonus or credit system is intended to create incentives. China also wants to increasingly domestically source other components for electric cars, such as electronic control units, displays, thermal and charging supply systems.

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