Four Departments Deploy Measures to Address 'Involutionary' Competition in the Battery Industry

[Policy Regulation] Four departments jointly convened a symposium with power and energy storage battery enterprises to deploy measures for standardizing industrial competition order.

Core Directive: Firmly Curb 'Involutionary' Competition

The meeting emphasized implementing the central government's directive on addressing 'involutionary' competition in the lithium battery industry, opposing unreasonable and unfair competitive practices, and safeguarding a healthy market environment.

Key Measures: Multidimensional Standardization of Industry Order

Priority actions include advancing capacity warning and regulation, standardizing price competition, shortening supplier payment terms, strengthening product quality oversight, cracking down on intellectual property infringement, and addressing the issue of 'externalized involution.' Additionally, local government investment attraction practices will be standardized and guided.

Industry Impact: 16 Leading Enterprises Participate in Collaborative Governance

Participants included the China Automotive Power Battery Industry Innovation Alliance, the China Battery Industry Association, and 16 key enterprises, who jointly discussed and formulated a negative list of irrational competitive behaviors to promote high-quality development.