Guangzhou releases new policies for the automotive industry, aiming to become a "smart car city"

Guangzhou recently released a new automobile industry policy, aiming to become an internationally competitive "smart car city" by 2027. According to the policy, Guangzhou plans to achieve automobile production of more than 3.2 million units, automobile manufacturing output value of more than 670 billion yuan, new energy vehicle production of more than 1.5 million units, and more than 80% of new vehicles above L2 level by 2027.