“Shenxing”, a fast-charging lithium iron phosphate (LFP) battery made by China’s EV battery maker Contemporary Amperex Technology Co Ltd (CATL), is displayed during the press preview of the 2023 International Motor Show (IAA) in Munich, Germany, Sept 4, 2023. [Photo/Xinhua] China is planning to invest around 6 billion yuan ($820 million), the biggest amount of … Continue reading China to invest $820m in cutting-edge battery tech, sources say