Baua Electric
MARCH 6, 2024
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.
Baua Electric
MARCH 18, 2024
However, the Xi’an-based solar panel maker disputed the 30% figure and said job reductions would amount to around 5% of its workforce. China leads global solar manufacturing by far, and a glut of solar panels has meant that solar panel prices plummeted last year, so solar panel makers have had to sell at or below production costs.
Baua Electric
FEBRUARY 29, 2024
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. 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.
Baua Electric
FEBRUARY 29, 2024
Volkswagen and Chinese EV maker Xpeng say they are jointly developing two mid-sized BEVs for 2026 for mainland China, with the first model being an SUV. Photo: XPeng’s newest EV to launch in China, the X9 MPV / Source: XPeng Motors/Weibo If you’re an electric vehicle owner, charge up your car at home with rooftop solar panels.
Baua Electric
APRIL 11, 2024
Chinese automaker Chery is planning to make cars in Spain, where the EV market is at just 12%, half that of Portugal and France. Chinese companies MG, BYD, and Chery have also been scouting sites in Mexico and talking to officials for better access to the North American market.
Baua Electric
JANUARY 31, 2024
The Chinese EV battery and battery storage giant’s offshore wind farm, which will be sited near the company’s headquarters in Ningde in southeastern Fujian Province, will provide clean energy to power its own operations, reports Caixin. Photo: “DONG HAI OFFSHORE WINDFARM” by TheClimateGroup is licensed under CC BY-NC-SA 2.0
Baua Electric
APRIL 22, 2024
Growing electric car exports from Chinese automakers, which accounted for more than half of all electric car sales in 2023, could add to downward pressure on purchase prices. They have hundreds of pre-vetted solar installers competing for your business, ensuring you get high quality solutions and save 20-30% compared to going it alone.
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