$NIO Fresh measures to fuel new energy vehicle sector and battery-swapping infrastructure.

China is set to roll out a series of targeted measures to fuel growth in its new energy vehicle sector, as part of broader efforts to stabilize key industries and drive economic growth, said the country's top industry regulator on Tuesday.

"With domestic competition intensifying and international trade barriers rising, we will implement more precise measures to sustain the NEV industry's growth momentum, particularly focusing on accelerating breakthroughs in crucial technologies such as new system batteries,"

"The MIIT will advance national research and development initiatives to fast-track these breakthroughs and also introduce guidelines to promote battery-swapping infrastructure," Zhang added.  $NIO
#nio
#NIO