The Electric

The Electric: The Winners and Losers in China's Crackdown on the Battery Price War

Chinese leader Xi Jinping has ordered a halt to the price wars in batteries, electric vehicles and solar. Photo: Xie Huanchi/Xinhua/Getty
By
Steve LeVine

In July, Beijing ordered a halt to a brutal price war that was roiling China’s electric vehicle industry. Now China’s leaders have told cutthroat battery makers to knock it off, too.