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India steel, trade ministries in talks over rising Chinese imports, says source – ET Auto

Baua Electric

India’s steel and trade ministries are in talks over rising imports, particularly cheap Chinese goods, a government source with direct knowledge of the matter said on Saturday, amid persistent calls for higher tariffs from top producers. India imported 1.1 million metric tons of finished steel between April and May, up 19.8%

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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.

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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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The $10,000 BYD Seagull EV is scaring the U.S. auto industry

Teslarati

Although competitive Chinese automaker BYD isn’t yet slated to enter the U.S. at this point, the company has been beginning to deliver its EVs in several markets throughout Europe and Asia. “The Chinese car companies are the most competitive car companies in the world,” Musk said during the call.

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Comment on BYD catches up with Tesla in global BEV market share in Q3 by Midori Mayari

CN EV Post

And I'm not talking about US and Europe; rather, I'm talking about Latin America, Africa, the rest of Asia apart from China, Japan, and South Korea, and so on. And let's not forget that BYD's "invasion" of the foreign markets is just beginning. More so when Tesla uses BYD batteries outside the US.

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GlobalData: Russian nickel sanctions would slow electric vehicle adoption

Green Car Congress

Russia has reportedly been looking to reduce the impact of sanctions by turning to Asia for trade. China already has a strong position in the battery metal supply chain, and buying Russian nickel on the cheap as a result of sanctions would further strengthen its globally competitive position.

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China creeps westward: Stellantis partner Leapmotor ships its first batch of EVs from China to Europe – Charged EVs

Baua Electric

In response to the advent of cheap Chinese EVs, the US and EU have instituted various measures to favor domestically manufactured vehicles—including, most recently, steep new tariffs. It remains to be seen what the long-term results of these policies will be, but the westward seepage of Chinese-made vehicles continues.

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