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Beijing Auto

War threat halts battery production?

Mon, 04/03/2017 - 10:58 -- Xuan Zhong
War threat halts battery production?

The threat of conflict on the Korean Peninsula is being cited as the reason why a collaboration between a Chinese EV car maker and SK innovation has ground to a halt.

But the real reason the suspension of all operations at the Beijing Electronic Holding & SK Technology Co., Ltd. (BESK) is more likely to be protectionism and not retaliation for South Korea’s decision to deploy the US made THAAD anti-missile system.

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