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Cheap solar panels from China are all over Europe – and everyone is freaking out

Baua Electric

Photo by Pixabay on Pexels.com Europe is installing more solar panels than ever before, thanks to a flood of cheap Chinese solar panels, driving installations by 40% last year. European local solar panel manufacturers have reached a crisis in that they say they can’t compete with cheap imports and oversupply.

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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.

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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.

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China gave BYD an incredible $3.7 billion to ‘win’ the EV race

Baua Electric

BYD received this lofty sum in direct government subsidies as part of the Chinese government’s push to lead the world in EVs and other clean tech, according to a new study first reported by Bloomberg. billion, according to a new German study. billion only two years later.

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BYD has no plans to enter the US Market amid “complications’ [Feature]

Teslarati

BYD Executive Vice President and CEO of BYD Americas sat down with Yahoo Finance , and talked about the Chinese automaker’s lack of presence in the US Market and the global electric vehicle (EV) market. Economist says cheap Chinese EVs should be kept out of U.S. However, it is not crossing off all of the Americas.

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Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

Why hes banking on an obscure Chinese electric car company and a CEO who - no joke - drinks his own battery fluid. The E6 will hit the Chinese market later this year. The deal, which is awaiting final approval from the Chinese government, didnt get much notice at the time. EMAIL | PRINT | SHARE | RSS DIGG FACEBOOK DEL.ICIO.US

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2020 Top 10 Countries in the Global EV Revolution

EV Sales

For example, with increasing evidence of genocidal Chinese government towards Uyghur residents, including forced labor camps, the lack of transparency regarding whether any Chinese EVs benefit from such labor prompts me to deduct 1 production point from China (out of ~25 it had earned). Globally ~14k Ioniq BEVs were sold.

2020 52