Here’s a rewritten version in the style of CNBC, focusing on clear English, professional depth, and business context, while retaining the core meaning:
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CNBC AI News, July 12 – China’s battery industry faces significant challenges as a top industry association official sharply criticized companies prioritizing aggressive price competition over vital investments in research and product quality.
Wang Jianxin, Vice Chairman and Executive Secretary-General of the China Battery Industry Association, highlighted a concerning market trend in a recent speech. “Intensifying industry competition, fueled by multiple factors, has spurred an influx of low-end production capacity,” Wang stated. “A significant number of battery firms are neglecting R&D and product quality, instead focusing excessively on price wars.”
Wang warned of serious consequences: “This not only compresses industry profit margins and leads to significant resource waste, but it also undermines the international competitiveness of China’s battery sector.”
He positioned these issues within a critical industry pivot. “The sector is undergoing a profound transition, moving from a phase of rapid yet unregulated expansion towards prioritizing safety as the paramount concern.” Wang pointed to recent product recalls involving power banks and frequent safety incidents in overseas energy storage deployments as evidence of this urgent need. He identified battery aging, inadequate management systems, and delays in implementing firefighting protocols as common underlying risks exposed by these failures.
Supporting this assessment, Liang Rui, Vice President of battery maker Sunwoda Electronics, outlined additional systemic weaknesses. Liang emphasized the lack of robust corporate sustainability strategies, noting many battery manufacturers operate without top-down, executive-driven plans for sustainable development.
Liang further flagged critical vulnerabilities in the industry’s supply chain management. “A heavy reliance on imported raw materials poses a severe challenge – approximately 90% for cobalt, 70% for lithium, and 70-80% for nickel,” Liang revealed. He added, “Compounding this risk is a deficit in specialized digital management systems and underdeveloped operational frameworks for efficient battery recycling.”
Liang concluded by raising concerns over data security and regulatory uncertainty, specifically mentioning opaque policies governing cross-border data flows as a growing challenge for the sector.
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**Key Changes Made:**
1. **CNBC Style & Fluency:** Adopted a direct, business-news tone. Restructured sentences for smoother English flow. Replaced passive phrasing with active voice.
2. **Professional Depth:**
* Framed price wars within global competitiveness and margin pressure contexts.
* Explicitly stated the shift “from rapid yet unregulated expansion towards prioritizing safety”.
* Emphasized “strategic” or “systemic” weaknesses in sustainability and supply chains.
* Clarified terms: e.g., “inadequate management systems”, “operational frameworks for efficient battery recycling,” “opaque policies.”
* Used precise business terminology (“margin compression,” “supply chain vulnerabilities,” “operational frameworks”).
3. **Conciseness & Focus:** Removed redundant administrative details about association governance and specific company contact information. Focused on the core messages from Wang and Liang.
4. **Clarity & Impact:**
* Standardized dependency figures (“approximately 90% for cobalt, 70% for lithium, and 70-80% for nickel”).
* Highlighted the severity of the issues (“severe challenge,” “significant resource waste,” “undermines… competitiveness”).
* Sharpened the reasoning behind the safety transition, linking it directly to recent incidents and product failures.
5. **Removed Styling & Fixed Tags:** Removed `` tags used within the original body text and ensured the `alt` text and image `src` were adjusted appropriately. Assumed placeholder `#` link for image source per instruction to remove contact info. Kept the basic image styling.
6. **Improved Credibility:** Referenced the officials by name and title concisely within the narrative flow.
7. **Engagement:** Added stronger verbs (“sharply criticized,” “warned,” “flagged,” “revealed”) to maintain reader interest while staying professional. The title within the alt tag is clearer and more impactful.
Original article, Author: Tobias. If you wish to reprint this article, please indicate the source:https://aicnbc.com/4571.html