BizBeat Ep. 717: Why do Chinese companies stand out in the lithium battery industry?
China's auto exports ranked first globally in the first seven months of this year, driven by electric vehicle sales. In addressing the biggest pain point of new energy vehicles, China has long introduced policies to support the development and innovation of the lithium battery industry to overcome charging issues. After years of development, China's battery companies have ranked first in terms of global market share. Complete industrial chains and clusters centered around the leading companies have also been established. In this episode of BizBeat, CGTN's Aaron Liu explains.