China issues draft guidelines to rein in lithium battery industry

Beijing (AFP) May 9, 2024

China has released draft guidelines aimed at reining in the country's lithium battery industry, which has been in Western crosshairs over fears subsidised overproduction could flood global markets with cut-price exports. Lithium-ion batteries are a form of rechargeable energy storage used in everything from electric cars to scooters, laptops and motorised wheelchairs. China is the world'