BTR bets big on EV market to drive growthShenzhen BTR New Energy Materials Inc, the world's leading anode materials supplier for lithium-ion batteries, said it is betting big on the development of the electric vehicle market to drive stronger growth of its business. "The Chinese EV industry is growing at a fast speed. Established in 2000, BTR has been the world's biggest market player in the anode materials sector since 2011. According to market research organization Yano Research Institute, the company accounted for 31.8 percent of the global market share of anode materials in 2014. Zhao Xiang, an analyst with Beijing-based consultancy Analysys, said the rapid development of the Chinese EV market is going to bring big benefits to related industries.

Source: The China Post December 01, 2016 17:53 UTC