China Battery Industry Association Vice Chairman Criticizes Focus on Price Wars Over R&D and Quality
3 day ago / Read about 0 minute
Author:小编   

Wang Jianxin, Vice Chairman and Executive Secretary-General of the China Battery Industry Association, emphasized the intensifying competition within the battery sector, highlighting that an amalgamation of factors has culminated in an overcapacity of low-end products. Critically, he noted that some battery enterprises have shifted their focus away from R&D and product quality, instead engaging enthusiastically in price wars. This approach not only erodes industry profits and fosters resource wastage but also undermines the international competitiveness of China's battery industry.