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Mexico Won't Offer EV Incentives to Chinese Automakers

The Truth About Cars

Chinese automakers are expanding into Mexico, with companies like BYD opening dealerships across the country. Automotive News reported that the country would not offer tax incentives or land discounts to Chinese automakers. They also want to take action to protect American EVs from cheap or subsidized Chinese models.

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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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Farley: Chinese language automakers turning into EV ‘powerhouse’

Baua Electric

CEO Jim Farley says Chinese language electrical car makers are its primary competitors within the sector, however the corporate has hurdles competing on charge at a smaller scale. “We see the Chinese as the main competitor, not GM or Toyota,” Farley stated Thursday on the Morgan Stanley Sustainable Finance Zenith.

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EVs reach 90% market share in Norway as the overall auto market falters – Charged EVs

Baua Electric

Battery EVs took a 90% share, as recent tax changes make PHEVs less appealing. Legacy vehicles are subject to heavy taxes, but there are few affordable electric models. Auto buyers in China and India (and increasingly, smaller emerging auto markets ) have more cheap entry-level models to choose from. of the market, up from 90.1%

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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. China will continue to play a pivotal role.

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Volvo XC40 Recharge and Polestar 2: EV cousins offer different takes on “premium”

Charged EVs

You might not know it to look at them, but these two cars—one Swedish, one Chinese—share underpinnings and a parent company. Volvo and its Chinese parent Geely are very serious about selling cars that plug in. It’s called the XC40 Recharge, and the earliest versions aren’t cheap, priced from about $55,000 including delivery.

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EV ute overload: The electric pickups coming soon

EV Central

All models have dual motors for four-wheel drive capability and the F-150 Lightning sells from about US$50K (minus taxes and on-road costs), which is US$10K more than it launched at. The so-called H2X Warrego clearly won’t be cheap – about $190,000 – when a limited run of 250 vehicles is due in mid-2023.

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