Subsidy for lithium batteries deployed in electric vehicles
 

BEIJING -- China is mulling a policy to provide a subsidy for lithium batteries deployed in electric vehicles. This new favorable policy is expected to propel the development of the country's electric vehicle sector. China has existing subsidy policies for the sector, but higher prices for the parts used in electric vehicles, in particular lithium batteries, prevent many consumers from purchasing the vehicles. Read the full article

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If China is going to roll out an increased number of electric vehichles what will this do to the world's supply of heavy rare earths and what does this mean for www.AustralianRareEarths.com ?