Chinese regulators express concerns over surging prices of power battery materials as battery producers, EV makers scramble to hike prices

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Prices of key materials for electric vehicle batteries such as lithium have been surging since the second half of last year, forced battery producers and electric vehicle manufactures to raise prices to offset additional costs.

That has raised concerns among Chinese regulators. At a electric vehicle industry forum held on Sunday, China's Vice Minister of Industry and Information Technology Xin Guobin said that great attentions needs to be paid to the surging prices of . . .

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