CCM: demand for ternary Li-ion batteries in China to more than double to 10 GWh in 2016 from 4.4GWh in 2015 due to subsidy fraud and response

Green Car Congress
By mmillikinOct 5, 2016, 9:27 am143 pts
In the wake of the news that five alternative energy vehicle (AEV) makers defrauded the Chinese government of about US$150 million in subsidies, the Chinese government adjusted its subsidy policies for alternative energy vehicles. Market analyst CCM believes that the adjustment will change the market structure…

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