GreenergyDaily

Apr. 10, 2026

China has summoned its leading battery makers for a meeting to curb capacity expansion and prevent price wars, as regulators step up efforts to address intensifying competition in the sector.

Regulators, including the Ministry of Industry and Information Technology and the National Development and Reform Commission, stressed the urgency of tackling "involution-style" competition during an April 9 meeting.

Authorities called for an orderly market environment through standardized pricing, stronger capacity monitoring, and a coordinated push to protect intellectual property.

Battery stocks surged Friday. Gotion High-tech Co. closed up 10% at its daily limit in Shenzhen, while Hong Kong-listed Contemporary Amperex Technology Co. closed up 9%.