Apr 17, 2023 06:51 PM
OPINION
China Green Bulletin: EV Battery Boom Goes Bust, Energy Regulator Releases 2023 Guidelines
Lithium batteries for electric vehicles sit on display on March 7 at the 12th Shanghai International New Energy Lithium Battery Technology Exhibition in Shanghai. Photo: VCG
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In Depth: China’s EV battery boom goes bust
China’s auto market has been grappling with a price war since late last year amid slowing sales. The demand for EVs has weakened, resulting in plunging sales that created a ripple effect across the supply chain. The rush to expand capacity over the last few years also resulted in an overhang, leading to production cuts, job losses and failing prices. Read here for more.
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Caixin Insight, the research arm of Caixin Global, is a strategic advisory helping clients assess policy risk and macroeconomics in China.
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