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Utility solar dethrones coal as the cheapest power source in Asia

Baua Electric

Photo: China News Service Renewable energy costs in Asia last year were 13% cheaper than coal and are expected to be 32% cheaper by 2030, according to a new study. China leads the pack with a 40-70% cost reduction in utility-scale solar, onshore wind, and offshore wind compared to other Asia Pacific markets.

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Tesla to appear at China International Supply Chain Expo in Beijing

Teslarati

Tesla will appear at the first China International Supply Chain Expo later this month, set to be held in Beijing. The expo will feature a total of 515 exhibitors, including Tesla, Apple and several other companies, according to a report from Nikkei Asia on Tuesday.

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Tesla Q4 deliveries teased with 12 export ships to Asia and Europe

Teslarati

Tesla export ship trackers have identified at least 12 ships traveling to Europe and Asia for Q4, delivering vehicles from the Fremont Factory and Giga Shanghai. Two of the identified Tesla ships are carrying cars from Fremont to Asia. Giga Shanghai will probably start making cars for the Chinese market as December nears.

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BNEF projects impact of COVID-19 on renewables, energy storage, EVs, etc.

Green Car Congress

The global auto market is very sensitive to macroeconomic conditions and will be hit hard by the coronavirus and any economic contraction that accompanies it, BNEF says. Early data from the main markets in Asia shows a drop in vehicle sales of 44% for China and 18% for Korea, two of the hardest hit countries.

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Report: China’s Chery Considers U.S. Market Yet Again

The Truth About Cars

Chinese state-owned automaker Chery is reportedly still looking to the United States as a possible point of expansion. Chery had plans to break into our market back in 2005 and supposedly had things lined up to import a limited supply of its Exeed crossover in 2020 before the world went haywire. market] is very important for us.

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Europe may slap retroactive tariffs on Chinese EVs

Baua Electric

Possible “remedies” on the table include retroactive tariffs on Chinese EVs. Back in October 2023, Europe launched its formal investigation into the Chinese EV industry, as European companies are struggling to compete with the cheap, high-tech Chinese imports, made by low-cost labor, entering the European Union.

Chinese 52
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Chinese language automakers to take hold of majority percentage of home gross sales for first week, forecast says

Baua Electric

executive has supplied $12 billion in subsidies over that week, AlixPartners mentioned. However Chinese language EV makers have additionally received field from a focal point on options reminiscent of complex driving force backup methods even on less expensive automobiles, the company mentioned. in South East Asia and South Asia.

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