China’s EV Battery Industry Headed in Two Seemingly Opposite Directions

Chinese chemicals manufacturer Jiangsu Lopal Tech announced a new joint venture with a Chinese fertiliser company to build a new factory to manufacture materials for use in lithium iron phosphate (LFP) batteries that are used to power electric cars. When fully operational, the new plant in central Hubei province will produce up to 50,000 tons a year.

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The post China’s EV Battery Industry Headed in Two Seemingly Opposite Directions appeared first on The China Africa Project.



source https://chinaafricaproject.com/2021/08/19/chinas-ev-battery-industry-headed-in-two-seemingly-opposite-directions/

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