Driven by new energy vehicle strategy, China’s Li-ion battery industry may see explosive growth

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China’s Li-ion battery industry may see explosive growth in the next three to five years due to the factors like new energy vehicle strategy, environmental problems of lead-acid batteries, and the transfer of Japan’s Li-ion battery industry to China after March 11 earthquake.

The Li-ion battery manufacturers intending to attend the 3^rd China (Shanghai) International Battery Industry Fair doubled from a year earlier and become a major force of the fair.