Toyota, CATL Shut Plants in Sichuan as Power Crisis Worsens
- Japanese carmaker closes Chengdu factory through Aug. 20
- Top EV battery maker CATL halts lithium output in province
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Toyota Motor Corp. and Contemporary Amperex Technology Co., the world’s top battery maker, are closing plants in China’s Sichuan province as a drought-induced power crisis worsens.
The Japanese automaker shut a factory in the provincial capital of Chengdu and will keep operations suspended until Aug. 20, a company spokesperson said. Contemporary Amperex halted activity at its major lithium battery base in Yibin through the same date, a local business publication reported.