China’s Photovoltaic Manufacturing Booms in H1 2023 with Module Output Exceeding 204GW

China witnessed record-breaking production numbers in the polysilicon, silicon wafer, cell, and module segments — all of which registered year-on-year growth exceeding 65%. Notably, the export value of photovoltaic products reached a staggering $28.92 billion, marking an 11.6% rise compared to the same period last year.

Are EVs Prone to Fire?

Despite occasional high-profile incidents, data suggests that electric vehicles (EVs) are not more prone to catching fire than their gasoline counterparts. In fact, in China, which is the world’s largest EV market, the incidence of new energy vehicles catching fire was found to be significantly lower.

Parallel Export: The Transformation of New Cars into Used Cars in Chinese Car Exports

This report examines the practice of “parallel export” in China’s car industry, wherein new cars, especially new energy vehicles, are exported as used cars to bypass manufacturers. While this strategy has driven short-term gains in used car exports, it poses challenges and risks. The report recommends a sustainable and innovative approach for the future development of the industry.