Chinese Lithium-Ion Battery Makers Poised to Cut Domestic Prices 40%

Greentech Media
By info@greentechmedia.comMar 6, 2017, 7:01 am119 pts
China’s lithium-ion battery makers are poised to cut prices by as much as 40 percent this year in response to electric vehicle subsidy changes. The cuts are unlikely to affect global battery markets, according to Logan Goldie-Scot, head of energy storage analysis at Bloomberg New Energy Finance. “It’s…

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