China's top regulators summon battery giants, warn against 'below-cost' price wars

Four agencies told 16 leading firms to rein in irrational competition as China tightens oversight of power and storage batteries.From ESS News China's Ministry of Industry and Information Technology (MIIT) said it convened a high-level symposium on Jan. 7 with the National Development and Reform Commission (NDRC), the State Administration for Market Regulation (SAMR) and the National Energy Administration (NEA) to "further regulate" competition in the power and energy storage battery sector. The meeting was chaired by MIIT Vice Minister Xin Guobin and brought together officials from the four ...

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