China's EV battery materials industry set for $11bn capacity buildup

Out-muscled Japanese rivals look to mount comeback in Western markets

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Shanghai Energy New Materials Technology is part of the Semcorp group, the world's top maker of EV battery separators. (Photo courtesy of the company)

SHIN WATANABE and TAITO KUROSE, Nikkei staff writers

DALIAN, China/TOKYO -- China's top makers of electric vehicle battery materials will spend at least 71 billion yuan ($10.8 billion) to scale up output, in some cases tripling production capacity in products they have come to dominate.

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