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payment cap

Coverage of payment cap in the Nexus archive.

Earliest in view: Jun 30 · 06:00 UTCMost recent: Jun 30 · 06:00 UTC
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  • BUSINESSJun 30 · 06:00 UTCSCMP WORLD
    Energy storage sector tested as China sets 60-day payment cap in anti-involution campaign

    China's anti-involution campaign targeting low-price market competition has expanded to the energy storage sector, introducing a 60-day payment cap for electric vehicle and energy storage batteries. The new rules, issued by the China Automotive Battery Innovation Alliance (Cabia) and the China Energy Storage Alliance, aim to reduce financial strain on industry players by shortening payment cycles.