Shake-up looms over auto battery segment
By Jing Shuiyu | China Daily | Updated: 2018-03-12 07:44
China's automobile-related electric battery segment is poised for a shake-up in the next three years, partly due to the persistent excess capacity, experts said.
The higher entry barriers and stricter national standards could see the phase-out of more battery companies, they said.
Their number fell by 50 percent year-on-year to 100 in 2017, according to the China Automotive Technology and Research Center.
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