GXY 0.00% $5.28 galaxy resources limited

Banter and General Comments, page-13359

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    Interesting article ... enjoy

    https://asia.nikkei.com/Business/Startups/Price-war-wipes-out-half-of-China-s-EV-battery-makers
    Price war wipes out half of China's EV battery makers

    Automakers turn in-house, while Japan and South Korean rivals rise


    QIU XIAOFEN, 36KrJANUARY 11, 2020 02:56 JST

    To add to the sector's woes, automakers have been starting their own in-house battery production. Moreover, leading Japanese and South Korean battery makers -- which have a cost and technological edge -- have rushed to enter the Chinese market.
 
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