Category: China

Some battery makers in China to be forced to cut or halt production due to lack of orders, says TrendForce

As demand in the power and energy storage battery markets cools, cell makers have adjusted their capacity utilization rates downward to reduce inventory.

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China’s Nov NEV wholesale sales hit record 940,000 units, CPCA estimates show

China's November wholesale sales of passenger NEVs are estimated at 940,000 units, up 29 percent year-on-year and up 6 percent from October, the CPCA said.

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