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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.

Asia 52
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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.

Asia 145
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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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Lithium's downward trend set to be disrupted as Chinese mining hub suspends production

CN EV Post

Lithium miners in Yichun, nicknamed the "lithium capital of Asia," are being suspended for production violations that analysts expect will affect 13 percent of the global lithium supply if production is halted for a month. For more articles, please visit CnEVPost.

Chinese 76
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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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BNEF projects impact of COVID-19 on renewables, energy storage, EVs, etc.

Green Car Congress

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. Chinese factories are restarting, so the pressure on supply of key components and equipment is likely to ease. Chart: BloombergNEF.

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BYD to convert former Ford plant into EV facility

Teslarati

The ex-fossil fuel car manufacturing factory will be BYD’s first EV production plant outside Asia. Brazil’s President Luis Inácio Lula da Silva announced BYD’s new EV factory outside Asia via Elon Musk’s X platform. The Chinese automaker plans to invest 608 million in its EV production plant in Brazil.

BYD 121