ANTAIKE BATTERY MATERIALS CONF: China’s EV policy accelerates shift to nickel-rich batteries

Changes to the Chinese government’s electric vehicle (EV) subsidy policy have necessitated investment in nickel-rich battery chemistries, as companies battle to avoid being left behind, according to Aaron Cao, president of Shanghai Greatpower.

China’s 2018 EV subsidy policy prioritizes pure EVs with a higher driving range and energy density, incentivizing more rapid development and adoption of high nickel 811 batteries.
“The government keeps raising the bar and if you don’t make enough investment, you will lose your competitive edge,” Cao told delegates at Antaike’s Battery Materials Conference in Shaoxing, China, on Thursday July 19.

Published

Charlotte Radford

July 20, 2018

03:10 GMT

Shaoxing, China