China’s Ministry of Industry and Information Technology (MIIT) on Monday released a sweeping plan to accelerate the establishment of standards for automotive chips, in a bid to further boost research and development (R&D) of the critical product amid increasing international competition. The plan aims to establish a complete set of standards, so as to guide and promote the development and application of China’s automotive chip technology, cultivate an independent innovation environment, enhance overall technological capabilities and competitiveness, and create a safe, open and sustainable ecosystem
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