R&D Neglect

**China Battery Industry Alert:**
A top association official criticizes companies prioritizing price wars over R&D and quality, warning this erodes profits and global competitiveness. The sector faces a critical safety transition amid recalls and energy storage incidents. Systemic risks include massive raw material import dependency (~90% cobalt), weak sustainability strategies, inadequate recycling systems, and opaque data regulations. Industry leaders urge strategic reforms. (78 words)