Major electric-vehicle (EV) battery markers in China have been cutting their headcount because they’re not receiving enough orders to fully utilize their fast-growing production capacity. The down cycle in the EV battery sector began partly because the Chinese government from the beginning of this year stopped subsidizing EV buyers, analysts say. Also, rising raw materials […]
Tag: Power
Posted inAustralia, China, India, Israel, Middle East, Oceania, Russia, South Asia, World
