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China’s demand for LFP energy storage batteries to soar 87% in 2020 following the rise of 5G
Apr 1,2020 16:38CST
smm insight
Source:SMM
China’s demand for lithium iron phosphate (LFP) batteries in energy storage is expected to soar 87% in 2020, as Beijing ramps up 5G network construction in a bid to offset the economic fallout from the COVID-19 pandemic and shore up its economy in the long term.
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