CCM: demand for ternary Li-ion batteries in China to more than double to 10 GWh in 2016 from 4.4GWh in 2015 due to subsidy fraud and response
Green Car Congress
OCTOBER 5, 2016
The firm forecasts an immediate boom in demand for ternary Li-ion batteries—mainly used to power alternative energy vehicles—from 4.4GWh in 2015 to 10 GWh in 2016. China started giving state aid to alternative energy vehicles (AEV) makers in 2009 to promote the development of green vehicles to help tackle air pollution.
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