TOKYO -- Japan's Mitsubishi Chemical Group and Asahi Kasei are both partially suspending plans to expand output of electric vehicle battery materials due to the slowdown in EV demand.
Electric vehicles
Mitsubishi Chemical, Asahi Kasei pause battery materials push on EV slowdown
Japanese suppliers postpone or cancel plans to boost electrolyte, coating capacity
Asahi Kasei produces lithium ion battery separators used in electric vehicles. (Asahi Kasei)
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