New plan to boost battery production

China is set to encourage domestic electric car battery manufacturers to expand their production scale, following the introduction of a new action plan for the industry in Beijing on Thursday.

The plan could lead to technological innovations that might ultimately benefit manufacturers of new energy vehicles in the form of lower production costs, which would also benefit customers.

The Vehicle Traction Battery Industrial Development Action Plan set out an industry-wide target of 100 GWh capacity batteries by 2020, with the emphasis on higher quality and lower cost.