Chinese cars and truck producers FAW Group, Dongfeng Motor, and Changan Automobile will have more freedom and self-reliance in performing their work, as the nation’s state possessions regulator stated on Wednesday, in an effort to enhance the advancement of electrical automobiles. The brand-new energy lorry (NEV) companies of the main government-controlled car manufacturers will soon end up being independent accounting systems, Zhang Yuzhuo, director of China’s State-owned Assets Supervision and Administration Commission (SASAC), informed press reporters on the sidelines of the “Two Sessions” conferences in Beijing. This indicates they can increase research study and advancement costs without the restraint of keeping their balance sheets healthy, as Zhang included that SASAC will examine more on their technological advancement and market share instead of profit-making in the existing duration. In 2015, Dongfeng and Changan reported sales of approximately 524,000 and 474,000 NEVs, respectively, that include all-electrics and plug-in hybrids, far dragging BYD, which offered a record 3 million systems to consumers.[[Caixin, in Chinese]