China’s battery giant eyes world domination
Economist - 5/20/2025 10:16:15 PM - GMT (+3 )
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Economist - 5/20/2025 10:16:15 PM - GMT (+3 )

Set amid a backdrop of lush rolling hills and marshy lakes, Ningde is an unassuming company 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 facade, which bears an uncanny resemblance to a giant lithium-ion battery pack.
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