Cui Dongshu of the China Transport Federation branch published an article saying that demand for new energy lithium batteries was seriously weak in the fourth quarter, and the original production plan was significantly reduced. As demand for new energy vehicles was affected by the regulation of the subsidy policy in the fourth quarter, demand for lithium batteries for passenger cars dropped markedly. In November, batteries for NEV production increased 23% year-on-year, and retail-compatible batteries increased by only 13%.

Cui Dongshu of the China Transport Federation branch published an article saying that demand for new energy lithium batteries was seriously weak in the fourth quarter, and the original production plan was significantly reduced. As demand for new energy vehicles was affected by the regulation of the subsidy policy in the fourth quarter, demand for lithium batteries for passenger cars dropped markedly. In November, batteries for NEV production increased 23% year-on-year, and retail-compatible batteries increased by only 13%.