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
Market analyst CCM believes that the adjustment will change the market structure and that ternary Li-ion power batteries—i.e., Li-ion batteries with ternary cathode materials such as LMO, NCM/NCA, LFP, etc.—will Chery Wanda Guizhou Bus Co., —will be the biggest gainers. Subsidies totaled RMB33.44
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