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سرايا الإخبارية
China revokes licenses for 8 key car brands
The Chinese Ministry of Industry and Information Technology announced the removal of eight car companies from the list of approved manufacturers, reflecting the significant changes underway in the country's automotive sector, particularly with the rapid expansion of electric vehicle production. The decision comes amid declining performance by traditional companies such as FAW Xiali, Zotye, Lifan, Brilliance Auto, and Leopard, as Beijing works to restructure the industry and enhance its efficiency amid the shift toward advanced technologies and electric vehicles.
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