BEIJING, June 19 -- China's Ministry of Industry and Information Technology on Wednesday unveiled revised guidelines for the lithium-ion battery industry to further strengthen standardized management and promote the high-quality development of the sector.
The Ministry of Industry and Information Technology unveiled a draft guideline on Wednesday that will guide lithium-ion battery companies to reduce projects that aim solely to expand production capacity. Instead, lithium-ion battery companies will be encouraged to strengthen technological innovation, improve quality and reduce production costs.
China's industrial regulator plans to launch a major document to guide the production capacity of lithium-ion batteries, which industry experts said will knock out a batch of low-end battery cells and accelerate the structural adjustment of the country's booming lithium-ion battery sector.
The China Automotive Power Battery Industry Innovation Alliance predicted that by 2025, the country's lithium-ion battery production capacity will likely exceed 3,000GWh. However, the capacity utilization rate of the country's lithium-ion battery industry dropped to about 40 percent last year and is likely to reach 35 percent by 2025.
No lithium-ion battery projects should be built on permanent basic farmland, "redline areas" for ecological protection or other areas where the construction of industrial enterprises is prohibited, the guidelines state.
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Online Services Email ContactThe Ministry of Industry and Information Technology unveiled a draft guideline on Wednesday that will guide lithium-ion battery companies to reduce projects that aim solely to …
Online Services Email ContactChina''s Ministry of Industry and Information Technology (MIIT) on Wednesday unveiled revised guidelines for the lithium-ion battery industry to further strengthen standardized...
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