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Electric cars in China

Panasonic and LG give a jolt to China's EV battery market

Beijing's loosening rules prompt fresh investment from foreign players

Japanese and South Korean battery makers are planning to boost output in China as it loosens restrictions on foreign players in the electric-vehicle sector.
Japanese and South Korean battery makers are planning to boost output in China as it loosens restrictions on foreign players in the electric-vehicle sector.   © Reuters
DAISHI CHIBA and SHUICHIRO SESE, Nikkei staff writers | China

OSAKA -- Japan's Panasonic and South Korea's LG Chem are adding production capacity for electric-vehicle batteries in China, as Beijing's loosening restrictions prompt foreign players to ride the wave of new-energy vehicles.

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