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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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Huawei’s smart car tech offers automakers route to China sales – ET Auto

Baua Electric

It’s taken Huawei just four years to become a force in smart car technology , navigating the devastation of trade sanctions on its smartphones business while simultaneously developing a driver assistance system that is the darling of the Beijing auto show. ” said Evangelos Simoudis, an investor and corporate adviser.

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Global solar growth is on track for another record-breaking year

Baua Electric

Photo: CGTN Global solar installations are set to beat most industry forecasts, with 593 gigawatts (GW) expected to be added by the end of 2024, according to a new report by energy think tank Ember. Countries need to plan for a solar-powered future to make the most of the cheap power this technology can provide.”

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World’s largest solar panel maker to slash thousands of jobs

Baua Electric

Cheap Chinese solar panels are also making it hard for European and US solar panel makers to compete. Meanwhile, cheap solar panels are driving demand, and new installations are booming globally. Plus, it’s free to use and you won’t get sales calls until you select an installer and you share your phone number with them.

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BYD’s home city in China now has more supercharging plugs than gas pumps

Baua Electric

Photo: Shenzhen Government Online Shenzhen, the home of Chinese EV giant BYD, says it’s become the first in China to have more supercharging plugs than gas pumps. So all those cheap EVs need to be fast-charged, and what better place to expand than BYD’s home city? ad* FTC: We use income earning auto affiliate links.

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China’s sweeping new e-bike battery rules could have a major impact in US

Baua Electric

NYC is often seen as the epicenter of e-bike battery fires due largely to the large population of e-bike delivery riders and the low-quality Chinese batteries used on such bikes. In fact, some major Chinese manufacturers alone produce tens of millions of e-bikes and e-scooters each year.