Panasonic & LG Chem Jolt China’s Battery Market

By Mark Kane Beijing is loosening restrictions for foreign EV battery manufacturers?
China is changing its approach to foreign EV lithium-ion battery manufacturers like Japan’s Panasonic and South Korean LG Chem/Samsung SDI.
A few years ago, new investments in production plants were affected by Chinese policy, favoring domestic manufacturers.
To receive subsidies for electric cars, batteries …read more