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World stocks mixed Global corporate tax

World stocks mixed Global corporate tax
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Plan spotlights vehicle battery use

Plan spotlights vehicle battery use By CHENG YU | China Daily | Updated: 2021-07-08 09:17 Share CLOSE Employees work on a lithium battery production line in Huaibei, Anhui province, in November. [Photo by WAN SHANCHAO/FOR CHINA DAILY] China will accelerate efforts to recycle new energy vehicle batteries in line with a five-year plan for developing circular economy unveiled on Wednesday, experts said. The country is expected to reach a peak in battery replacement by 2025. According to the plan released by the National Development and Reform Commission, the top economic regulator, China will step up building the traceability management system for new energy vehicle or NEV batteries.

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