#EVs
EU Moves to Address the Chinese EV Subsidies, But More Needs to Be Done
Chinese electric vehicles present a mounting challenge to the European automotive industry. EU Commission President Ursula von der Leyen announced that the EU will initiate an anti-subsidy investigation, but imposing tariffs could lead to a trade war and will not work without also addressing the competitiveness of European producers.
China’s Unexpected Impact on the Green Agenda for the Western Balkans
As the Western Balkans countries grapple with the difficulties of the green transition, China presents both challenges and opportunities in meeting their objectives.
Supercharged China: Cars, Batteries, and Lithium
With no internal combustion engine and no burning of fossil fuels, electric vehicles (EVs) – running solely on batteries – are coming in their billions to electrify mobility. By 2035, at least half of all global passenger vehicle sales will be for EVs, and the proportion will keep increasing. The roadmap for the global energy sector to reach carbon neutrality developed by the International Energy Agency (IEA) requires the number of EVs to increase from eleven million in 2020 to 350 million in 2030 and almost two billion by 2050. In the global race to build batteries and battery-powered cars and to get access to the vital lithium, cobalt, and nickel that go into them, China is winning hands-down.