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City in a poor China province becomes a leading electric vehicle production hub
NBC News Clone summarizes the latest on: Liuzhou China Becomes Major Ev Production Center 213420101541 - Breaking News | NBC News Clone. This article is rewritten and presented in a simplified tone for a better reader experience.
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The city of Liuzhou is in one of China’s poorest provinces. But as part of Beijing’s “Made In China 2025” industrial strategy, it is now home to EV car plants for five major automakers, after putting investment and incentives into electric vehicles and by pushing local industry to expand production and infrastructure. CNBC's Eunice Yoon reports from Liuzhou on the city's meteoric rise.June 21, 2024