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schizoidman

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Beijing intervenes in China’s solar industry as overcapacity dries up profit in the country's domestic market

China’s energy regulator said it will limit “low-end” solar panel manufacturing after industry leaders called for more government intervention earlier this month. The move is an acknowledgement by Beijing that solar panel overcapacity is a problem, one that has pushed Chinese solar firms into a price war and shriveled...

schizoidman ,

If you have been following the Chinese solar industry, you would be aware that solar manufacturers from China, such as Suntec etc have gone bankrupt over the past decade or more. China’s approach of allowing underperforming solar companies to go bankrupt is one of the reasons why their solar industry is so formidable.

schizoidman OP ,

At this point I believe its the international market that is subsidising Chinese EVs. Take a look at the byd dolphin mini / seagull. It is priced starting at $21,000 in mexico while the price in China is from $9700. You find many other examples of the same car models sold at much higher price overseas than locally in China.

schizoidman OP ,

The opposite of dumping is happening. For example the Kia EV5 is sold at $20k in China while the same made in China model is sold overseas Starting at $46k

schizoidman OP ,

Well at least whatever profit Kia can’t make in China due to the low price. They can hopefully gain back from markets outside China thanks to the lack of competition driving prices down.

schizoidman OP ,

I suppose the original source titled it better.

CATL expects its batteries to power electric aircraft with up to 3,000 km range

schizoidman OP ,

Is there a source that says its an LMFP battery?

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