This article only represents the author's own views.
Watch out world, here comes another major lithium battery maker.
In a trend that looks all too “made in China,” Ganfeng Lithium Group Co. Ltd. (1772.HK; 002462.SZ), one of the world’s top producers of the key metal used in electric car batteries, has announced it is throwing its hat into a lithium battery ring increasingly crowded with ambitious Chinese companies. More precisely, Ganfeng has announced a plan to spin off its young lithium battery unit, Ganfeng LiEnergy Technology Co. Ltd., into a separate company, according to a Hong Kong stock exchange announcement filed late on Wednesday.
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