China scraps list of recommended auto battery suppliers -ministry
Share:
BEIJING/SEOUL (Reuters) - China has scrapped its list of recommended battery suppliers, the industry ministry said on Monday, a decision foreign companies said could open up the world's biggest market for electric vehicle batteries.China, the world's largest new energy vehicle (NEV) market, has seen increased investment from South Korean battery makers LG Chem Ltd and Samsung SDI Co Ltd amid expectations for a gradual change in policy.The list, which did not include foreign firms when it was..