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Asia300

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.

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