This photo taken on March 12, 2021 shows a worker with car batteries at a factory for Xinwangda Electric Vehicle Battery Co. Ltd, which makes lithium batteries for electric cars and other uses, in Nanjing in China's eastern Jiangsu province.
ONE of the world’s biggest battery companies is mulling a reversal on a US$1.3bil (RM5.8bil) project to churn out electric vehicle (EV) powerpacks in Arizona.
South Korea’s LG Energy Solution Ltd cited surging costs and slowing demand as it now rethinks the investment announced in April.
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