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22 Mar
08:13

Chinese battery firms confirm price increases

The earlier rumours of lithium-ion battery price increases driven by rising raw material prices have lately been gradually confirmed by power battery companies. On 21 March, Farasis Energy said publicly via an investor platform: "(Our company) has completed most of the price negotiations with major clients, and in 2022 (our) product prices will increase by varying degrees." It also disclosed that the negotiation with Daimler is still in process…
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