China’s electric vehicle and battery manufacturers are locked in a dispute over a proposed tax on lithium-ion batteries, according to industry sources. The conflict highlights growing tensions between automakers and battery producers as both sectors push for government support amid rising production costs. Analysts suggest the tax could disrupt supply chains and impact the competitiveness of Chinese EVs in global markets. The debate underscores broader challenges in balancing domestic industry incentives with economic pressures.
China’s EV and battery makers tussle over lithium-ion tax: sources scmp.com