The Provisions require working out a scientific layout for the new energy vehicle industry, adding that existing oil-powered automobile manufacturers shall pump more money into research and development, adjust the structure of their products, pursue the development of battery electric vehicles (BEV), plug-in hybrid electric vehicles (PHEV), fuel cell electric vehicles (FCEV) and new energy vehicles of other kinds. The Provisions expressly state that, enterprise legal persons are required to satisfy three requirements, including "holding patents for inventions and intellectual property rights (IPRs) of core technologies used to manufacture BEVs, and receiving the authorization or confirmation for these patents and IPRs", if they intend to pursue investment projects of building new and independent BEV manufacturing enterprises; also, shareholders of such enterprise legal persons investing in projects of building new and independent BEV manufacturers, are required to meet conditions in four aspects, one of which reads: "shareholders shall not withdraw their respective share capital before the project has been completed and the actual annual production has reached the desired size of this project". Furthermore, the Provisions note that, for significant auto investment projects that have a bearing on the industry security, such as the building of new auto makers, mergers, acquisitions and restructuring of existing ones, and share equity changes, relevant departments shall promptly initiate antitrust investigations as required. In the event that such significant projects involve foreign investment, they shall also carry out security reviews in line with relevant provisions.