TIANJIN, China -- Japanese industrial conglomerate Panasonic is gearing up for a decisive battle for dominance of China's huge electric-vehicle battery market against fast-growing local rivals, as an impending policy shift by Beijing appears set to improve the competitive environment for foreign makers.
Panasonic is the world's largest supplier of electric-vehicle batteries and plans to remain so, despite what is sure to be a tough challenge from Chinese makers that are rapidly expanding production capacity.
