China’s battery giant eyes world domination

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Published 5/20/2025 on economist.com

May 20th 2025|5 min read

Set amid a backdrop of lush rolling hills and marshy lakes, Ningde is an unassuming town on the south-eastern coast of China, lined with low-rise buildings and apartment blocks. One structure stands out: a gleaming rectangular tower with a gently curving glass façade, which bears an uncanny resemblance to a giant lithium-ion battery pack.

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ChinaBusiness

This article appeared in the Business section of the print edition under the headline “Supercharger”

From the May 24th 2025 edition

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