More than 30 companies team up to specialize in tackling the material bottleneck issue in the automotive industry.

The total number of components in a car is often over ten thousand, and the safety of the industrial chain supply chain in the automotive industry is particularly concerning. It was reported by the Car Baihui Research Institute that the "Strategic New Material Innovation and Application Platform" has been officially established in Beijing. This platform was initiated by more than 30 vehicle manufacturers, component manufacturers, material companies, research institutions, with the aim of establishing a collaborative innovation system for vehicle + components + materials + technology + standards + supply chain, promoting the innovative application of new materials in the automotive industry. Furthermore, it provides core support for the security of strategic new materials.