Hong Kong CNN —
China plans to invest around 6 billion yuan ($845 million) to develop next-generation battery technology powering electrical vehicles (EVs), even as its industrial policy has sparked overcapacity concerns and become a key target of US and European complaints.
A total of six companies — including CATL, the world’s biggest battery manufacturer, and major automakers like BYD and Geely —
→ Continue reading at CNN - Business News