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Beijing's green car push helps Chinese battery makers reign

Technologically strong Japanese, South Korean rivals fight to stay relevant

China aims to have 5 million electric vehicles on the road by 2020. Chery Automobile's electric Tiggo Coupe Concept SUV, pictured above, at September's Frankfurt Motor Show.

TOKYO -- Chinese makers of lithium ion batteries for electric cars have snagged a nearly two-thirds share of the global market with heavy state support, and their spending shows no signs of slowing as they encroach on technologically advanced rivals from Japan and South Korea.

Electric rush

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