The Chinese Ministry said it will take swift action to rein in aggressive low-price competition that threatens to destabilize businesses and impede sustainable industry growth.From ESS News At its meeting on Nov. 28, the Chinese Ministry of Industry and Information Technology (MIIT) pledged to accelerate the implementation of targeted policies and measures to curb "irrational competition" in the power and battery energy storage industry. Oversupply and aggressive bidding have eroded margins in China's energy storage market, threatening the viability of numerous players. In response, industry ...Den vollständigen Artikel lesen ...
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