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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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China’s EV market hits its stride with 1-in-3 sales being electrified

Teslarati

Chinese electric vehicle sales have hit 31 percent of the overall market, with 25 percent being pure EVs, a substantial growth year-over-year. In raw numbers, over 403,000 new electrified vehicles hit the Chinese market in May, growing 109 percent compared to the same month in 2021. What do you think of the article?

Sale 116
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China says it will ‘rein in’ the flood of EVs coming our way

Baua Electric

BYD Atto 3 (Source: BYD) Europe and the US say that Chinese EV development is running wild and unchecked and on the verge of overwhelming the global market with, well, EVs the rest of the world can’t compete with. China last year overtook Japan as the world’s biggest car exporter ­– but most of those were ICE vehicles sold to Russia.

China 52
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Utility solar dethrones coal as the cheapest power source in Asia

Baua Electric

China is expected to maintain a 50% cost advantage in renewable energy up to 2050. Solar is cheapest and falling The significant drop in solar power costs, by 23% in 2023, signals the end of supply chain disruptions and inflationary pressures.

Asia 52
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BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

Green Car Congress

The report “Decarbonizing Steel: A Net-Zero Pathway” outlines the path to making profitable, low-emissions steel and describes how a combination of falling hydrogen costs, cheap clean power, and increased recycling could reduce emissions to net zero, even while total output increases. Source: BloombergNEF.

Hydrogen 221
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From Scooters to High Speed Rail, China is Electrifying

Plugs and Cars

When I was studying China and Mandarin Chinese 35 years ago, “Red” China was unrecognized by the US, literally, and dark in a way difficult to imagine now. Plug-in cars from a half dozen Chinese automakers were on display along with charge stations in an attractive setting amidst a winding course for test drives. China is electrifying.

China 133
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Mad Power thoughts

EV Info

Wind farms stand idle for days on end, a fire interrupts a vital cable from France, a combination of post-Covid economic recovery and Russia tightening supply means the gas price has shot through the roof – and so the market price of both home heating and electricity is rocketing. Climate Change. Gas is the only answer.

Power 52