Slowing Chinese EV output growth in H2 caused by subsidy cut; NCM batteries continues to dominate
Published: Wednesday, 06 November 2019
Electric vehicle (EV) production growth in China has slowed over the second half of this year, dropping more quickly than the market expected, Houshan Bai, chairman of Ningbo Ronbay New Energy Technology Co, told delegates at a nickel and cobalt conference on Tuesday November 5.
By Susan Zou
In the first six months, EV sales and production in China
had been in a healthy upturn, but slower growth started to
emerge in July, Bai said during a panel discussion at
Antaike’s Nickel & Cobalt Conference in
Yichang, China’s Hebei province.
Chinese EV production...