China issues draft guidelines to rein in lithium battery industry

BEIJING — China has released draft guidelines aimed at reining in the country’s lithium battery industry, which has been in Western crosshairs over fears subsidized overproduction could flood global markets with cut-price exports. Lithium-ion batteries are a form of rechargeable energy storage used in everything from electric cars to scooters, laptops, and motorized wheelchairs. China Read The Rest at :