China’s $7tn energy overhaul sparks battery ‘gold rush’

Companies including sesame-dessert maker pivot to lithium batteries in rare bright spot for Chinese economy.

Chinese companies are rushing into the country’s energy storage sector, spurred by massive state spending on President Xi Jinping’s plan to achieve energy independence.
Chinese companies are rushing into the country’s energy storage sector, spurred by massive state spending on President Xi Jinping’s plan to achieve energy independence.Foto: Ju Peng/AP/NTB scanpix
Publisert 29. June 2023, kl. 13.15Oppdatert 29. June 2023, kl. 13.15