Battery energy storage tariffs tripled; domestic
On May 14, 2024, the Biden Administration announced changes to section 301 tariffs on Chinese products. For energy storage, Chinese lithium-ion batteries for non-EV applications from 7.5% to 25%, more than tripling the tariff rate. This
Smarter European Union industrial policy for solar
In 2012, the European Commission initiated a major investigation and determined that the appropriate value of a Chinese solar panel sold in Europe ought to be 88 percent higher than its then selling price 9 See
US and Europe: 2 Different Approaches to Restricting
The EU is likely to impose anti-subsidy duties on Chinese electric vehicles this year, potentially increasing the current tax rate from 10 percent, with the specific additional rate yet to be...
New US Tariffs Designed to Protect EV/Battery Industries from
China is accusing the US of "bullying" China''s EV and battery companies with new tariffs. Concurrently, Chinese EV makers such as BYD are hurrying to ship EVs to Mexico
Trust and trade-offs: How to manage Europe''s green
The EU and other major players have been unable to match China''s scaled-up production, which benefits from lower energy and labour costs and vertical integration along the supply chain. In 2023, production costs for
Chinese Investments in Europe''s Energy Sector and EU
- chinese fdis in the eu have increased by almost 50 times in only 8 years (from less than fewer restrictions on fdis (oecd in fdi regulatory restrictiveness index). [on the other hand, unfair
[News] Chinese EV Makers Shift to Africa Amid US and EU Import
2 天之前· According to a report by Commercial Times, citing South China Morning Post, as the U.S. and EU intensify sanctions on Chinese electric vehicles (EVs), Chinese EV
What happens next in the EU investigation into China
The European Commission published on Tuesday the draft findings of its high-profile investigation into alleged subsidies for imports of Chinese-made electric vehicles, which included some
6 FAQs about [Eu restricts chinese energy storage]
How does the EU deal with China's reliance on solar?
Rather than blocking Chinese products and reshoring manufacturing, the EU instead invests existing resources in wind energy and hydropower. It thereby offsets the risks emanating from the dependency on China in solar by developing greater capacity in sectors where European companies are still more competitive.
Is China a threat to the EU's supply of electrolysers?
"Chinese production capacity is already more than 50% of global production... it is assessed that there is a significant risk of increased and irreversible dependency of the EU on imports of electrolysers originating in China, which may threaten the EU’s security of supply," the term sheet said.
Will Europe become more dependent on China for lithium-ion batteries?
REUTERS/Stringer/ File photo Purchase Licensing Rights MADRID, Sept 17 (Reuters) - The European Union could become as dependent on China for lithium-ion batteries and fuel cells by 2030 as it was on Russia for energy before the war in Ukraine unless it takes strong measures, a paper prepared for EU leaders said.
Should European policymakers limit China's electric vehicle expansion?
Chinese companies also expand their investments in electric vehicle manufacturing in Europe. European policymakers are left to ponder how much market share they are comfortable conceding to Chinese companies, and whether they still have tools to limit the expansion.
How does the EU deal with China's battery industry?
Through these massive trade interventions and subsidies, the EU also begins to mitigate the competition risk it faces from Chinese battery suppliers and successfully captures the massive potential economic value of this industry. It produces up to 1,200 GWh worth of battery capacity a year by 2030.
Why do Europeans rely on Chinese batteries?
Faced with fierce competition in Europe, South Korean and Japanese producers concentrate fully on the US market, leading to a near-total European dependency on Chinese-made batteries to drive the continent’s green transition. Cheaper Chinese batteries allow European manufacturers to offer lower-priced electric vehicles, accelerating their adoption.