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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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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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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. of the entire auto market. The steady rise of EVs is occurring against a backdrop of slower overall auto sales. Legacy vehicles are subject to heavy taxes, but there are few affordable electric models. of the market, up from 90.1% year-on-year.

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Mexico Won't Offer EV Incentives to Chinese Automakers

The Truth About Cars

Automotive News reported that the country would not offer tax incentives or land discounts to Chinese automakers. Mexico is no stranger to Chinese auto companies, as there are around 20 already selling vehicles in the country. They also want to take action to protect American EVs from cheap or subsidized Chinese models.

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Biden administration considers penalties for Chinese EV companies in Mexico

Teslarati

“We’re not going to let China flood our market making it impossible for American autoauto manufacturers to compete fairly. White House to hike tariffs on Chinese EVs to fend off cheap imports The White House is thinking of adding penalties to the tariff if Chinese EV makers move production to Mexico to circumvent new import taxes.

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Tesla Model 3s from Hertz are going for as low as $14,000

Baua Electric

Hertz is starting to sell some of its Tesla Model 3s and they are going for pretty cheap – as low as $14,000 with the used EV tax credit. In the US, there’s $4,000 tax credit for used EVs. It might be your best chance to get a cheap Tesla. FTC: We use income earning auto affiliate links. Get started here.

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Porsche is offering a $22,500 discount off 2024 Taycan leases

Baua Electric

EVs built overseas, such as the Taycan , don’t qualify for the Inflation Reduction Act’s $7,500 tax credit when they’re purchased, but they do qualify for it if they’re leased. Even with the huge discount, it’s still not cheap. The effective cost of this lease comes out to $1,201 a month before taxes and fees. Get started here.

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