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Startups

Price war wipes out half of China's EV battery makers

Automakers turn in-house, while Japan and South Korean rivals rise

The number of EV battery makers in China halved by June 2019, down from 200 three years ago.   © Reuters

BEIJING -- China's electric-vehicle battery industry slowed in 2019 as the country's automakers remain mired in the doldrums.

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