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China's Battery Industry Faces Downturn
Published 1 week, 6 days ago
Description
Chinas battery industry faces a significant downturn in 2026, with a projected 30% drop in domestic electric vehicle sales and slowing exports. This decline will impact major players like Contemporary Amperex Technology and Eve Energy. Exports to key markets like the EU and US are also stagnant or declining, further exacerbating the situation. The industry may need to cut production to survive these challenging times.
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