Samsung SDI, Panasonic expanding battery production to tap China market

Shinee Wu, Taipei; Willis Ke, DIGITIMES Asia 0

Electric vehicle battery makers, especially those in South Korea and Japan, are actively enforcing capacity expansions in China to cash in on great demand there, which is expected to soar to CNY101.9 billion (US$15.19 billion) in 2020 from CNY66 billion...

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