Published: February 27th, 2023,
Last updated: February 27th, 2023
In 2022, the number of published patents in China’s auto sector has risen sharply. The reason for this was mainly the intensified competition in the development of technologies for EVs and connected cars, Caixin reported on Friday. According to the report, some 362,200 patents related to the automotive industry were published, 13 percent more than in 2021, the financial magazine wrote, citing data from the China Automobile IP Utilization Promotion Center (CAIPUPC). The number of patents in the electric segment increased by the same amount and accounted for the largest share of the total at 21.4 percent.