GEM Gains as Chinese Firm Downplays US Tariff Impact, Starts Mass Producing Safer EV Battery Materials
Shares in GEM advanced today after the Chinese battery materials producer said that it has started mass production and deliveries of its next-generation ternary power lithium battery precursor materials that offers a safer solution for electric vehicle batteries. The firm also added that it has not been significantly affected by the US’ tariff hikes so far.
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