China Green Bulletin: EV Battery Boom Goes Bust, Energy Regulator Releases 2023 Guidelines

Coal mine approval accelerated to meet summer energy demand spike, lithium prices plunge

In Depth: China’s EV battery boom goes bust

China’s auto market has been grappling with a price war since late last year amid slowing sales. The demand for EVs has weakened, resulting in plunging sales that created a ripple effect across the supply chain. The rush to expand capacity over the last few years also resulted in an overhang, leading to production cuts, job losses and failing prices. Read here for more.