Status of global wafer foundry industry, 2023

Subsidy extension and falling lithium prices sustain China's NEV boom

Staff reporter, Shanghai; Jack Wu, DIGITIMES Asia Monday 26 December 2022 0

Credit: BYD

The Chinese government recently announced that it's extending the tax subsidies for new energy vehicles (NEVs). Coupled with the falling prices of lithium ores, the main raw material of batteries, the EV sector breathes a sigh of relief and is looking...

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