Chinese manufacturers are dumping low-quality battery packs for electric vehicles (EVs) in India, two officials aware of the matter said, similar to the way rejected solar modules were sold here at a discount.
While the Chinese government has nudged battery makers to move up the value chain by calibrating subsidies, manufacturers of older models are finding few takers there.
“Battery technology is changing today. This has resulted in the Chinese second-tier battery manufacturers dumping their batteries here, that are not being bought there. They are not finding a market there because China is moving up the EV value chain.
This has been brought to our notice by some of the OEMs (original equipment manufacturers),” said an official involved in India’s EV programme, one of the two people cited above, requesting anonymity. Read More
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