The Electric Vehicle Industry Alliance, which consists of 16 Chinese central companies and is led by the State-owned Assets Supervision and Administration Commission of the State Council (SASAC), was founded in Beijing on August 18.
The alliance's short-term goal is to promote the unification of electric car-related technologies, and its medium and long-term goal is to master the core technology for electric vehicles and build internationally competitive Chinese electric car brands, according to the Shanghai Securities News.
Analysts believe that compared to the Union of Electric Vehicle Manufacturers, which is made up of the top 10 Chinese automakers and led by the China Association of Automobile Manufacturers, the Electric Vehicle Industry Alliance, an official organization launched by the SASAC, will play a greater role in promoting collaboration among different companies and integrating the resources of the electric car industry.
The alliance members include automakers China FAW Group, Dongfeng Motor Corporation and Chang'an Automobile Group and 13 central companies, such as Dongfang Electric Corporation, China South Locomotive and Rolling Stock Corporation, China National Offshore Oil Corporation, China Aerospace Science and Industry Corporation, State Grid Corporation of China, China Petrochemical Corporation and China Southern Power Grid Company.
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