Uncertain Future for Energy Storage Amidst Price Wars and Overcapacity in China
Amid a surge in energy storage enterprises, China’s market witnesses intense price wars, leading to overcapacity.
Amid a surge in energy storage enterprises, China’s market witnesses intense price wars, leading to overcapacity.
Green Hydrogen Industry Shifts Gears: From small workshops to large-scale manufacturing, global green hydrogen demand surges. China’s market shows optimism with significant projects, while international players like Longi and SANY lead automation efforts. The sector faces diversification and technical challenges amid rising demand and evolving competition.
To safeguard against the risk of non-delivery of goods in the steel trade with Chinese sellers, it is essential to adopt several precautions and follow best practices.
China Customs categorizes enterprises into three types: Advanced Certified Enterprises (Authorized Economic Operators/AEO enterprises), discredited enterprises, and General Managed Enterprises.
As of January 2023, China has signed 19 free trade agreements (FTAs) and one preferential trade agreement with 26 countries and regions. These FTA partners cover Asia, Oceania, Latin America, Europe, and Africa. The trade volume between China and these FTA partners accounts for approximately 35% of China’s total foreign trade.
According to data released for July 2023, China’s production of EVs totaled 805,000 units, representing a month-on-month increase of 2.8%. Sales for the month were slightly behind production, reaching 780,000 vehicles, marking a 3.2% decrease compared to the previous month.
In Europe, Chinese car brands have reported total sales of 147,000 units, representing a market share of roughly 2.25%.
This post aims to guide buyers on how to prevent falling victim to misrepresentation in the process of buying cars from China.
In what marks a historic moment for the photovoltaic (PV) industry, Chinese company Canadian Solar announced a deal for the largest ever solar module order, amounting to approximately 7GW.
In July 2023, China’s electric vehicle (EV) exports showed a robust increase, dominated by some of the industry’s major players.
The policy emphasizes a refined equipment recovery system and outlines concrete goals and actions.
This analysis report examines the performance of China’s domestic automotive groups in the first half of 2023 with a specific focus on their export sales.
This article examines safeguarding consultants in international collaborations with Chinese companies, citing a case study and proposing solutions for protecting consultants’ rights and interests.
August 1, 2023, in a significant move for the green transportation industry, the world’s largest hydrogen-powered truck export deal was inked in the headquarters of Wisdom (Fujian) Motor Co., Ltd in Fujian, China. An agreement was signed to export 147 sanitation trucks to Australia.
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.
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.
This article provides essential advice for buyers to help them avoid potential pitfalls and protect themselves from fraudulent schemes.
Global Hydrogen Refueling Stations Exceed 1,000 with China Leading the Pack, According to EVTank. As of the first half of 2023, the world has seen a cumulative construction of 1,089 hydrogen refueling stations. N
Can I sue Chinese companies in and then enforce a Bosnian judgment in China?
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.