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The Bursting of China's Lithium Battery Bubble

The Decline of a Once-Booming Industry

A Chinese investment project worth nearly a billion dollars has now turned into a ghost town. This lithium battery factory, covering 300 acres, was once one of the most notable companies in the area, with an annual output valued in the billions. The facility had it all - a technical research center, exhibition hall, office building, and factory spaces across 16 buildings. Now, the whole site stands abandoned.