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Electric cars in China

World's No. 4 battery maker halts output for 6 months

China's OptimumNano suffers as subsidy-reliant customers slash orders

The headquarters of Shenzhen OptimumNano Energy. The entire staff has been asked to take six months off as the company halts production.  (Photo by Yu Nakamura)

SHENZHEN -- Electric vehicle battery maker Shenzhen OptimumNano Energy will suspend production for six months starting Sunday amid a sharp drop in orders.

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