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Chinese EV Battery Makers Push New Cobalt-Free Power Packs

SVOLT's new cobalt-free battery on display at the 2021 Chengdu Motor Show in Szechuan, China.

Two seemingly contradictory trends are underway in China’s electric vehicle battery market. On the one hand, there’s a greater push to import ever-larger quantities of cobalt from the Democratic Republic of the Congo. At the same time, there are also rapid moves to develop new cobalt-free power packs.

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