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MIIT formulating ideas for Power Battery Development

Recently, the Ministry of Industry and battery development organizations to develop ideas, and is expected from the industrial policy, financial subsidies, tax concessions and so on to be great support in order to promote new energy automotive industry’s healthy development.It is understood that recently the Ministry of Industry has called on the upstream and downstream enterprises, research institutions, held a “power battery industry forum.” Session should be on the development of battery overall planning, a clear roadmap to strengthen the management of technology research and industry, to prevent blind investment and duplicated construction. Participants agreed to reflect, power battery industry can not develop without national attention from the industrial policy in need of government departments, financial subsidies, tax concessions and so on to be great support.Insiders pointed out that the new energy power batteries into nickel-hydrogen batteries and lithium battery. The former is mainly used in hybrid cars, hybrid cars and lower subsidies, will only exist as a transitional form, in the long run, benefit levels will be greatly reduced.

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