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China ends tax break on lithium-ion EV batteries after 11 years
Reduced government support could trigger a shakeout in the crowded automotive sector.
2 mins read
Batteries
Its approach challenges the integrated supply model offered by CATL.
EV and battery makers face environmental crackdown.
The move comes as Europe increases regulatory scrutiny of the company’s expanding footprint.
The Li i6 could be the first model to use CALB batteries as Li Auto diversifies supply to contain costs and keep deliveries on schedule.
An EV component CEO said he was “swept along” by the industry’s no-holds-barred manufacturing model.
The move reflects pressure to lower costs and compete across broader price bands.
The company is expanding into AI-driven home energy solutions.
The USD 210 million deal gives it access to lithium resources in Ghana and Ivory Coast.
