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☆ Analyst discusses China EVs tariffs, compares EU and U.S. approaches
  + stars: | 2024-07-04 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina EV tariffs: Europe has a very different perspective from U.S. on security risks, analyst saysJoseph Webster, senior fellow at the Atlantic Council's Global Energy Center, says Europe is "much more amenable to investment from China in the electric vehicle segment."
Persons: Joseph Webster Organizations: China, Atlantic Council's Global Energy Center Locations: Europe, China
☆ Chinese EV stocks surge after EU slaps up to 38% additional import tariffs
  + stars: | 2024-06-13 | by ( Sheila Chiang | In Sheilachiang | ) www.cnbc.com   time to read: +5 min
Citi analysts said the EU's additional tariffs were "generally benign," while one analyst from Morningstar pointed out that the additional duties were "modest" in comparison to U.S. hikes on Chinese EVs last month. Stock Chart Icon Stock chart icon BYD vs GeelyOn Wednesday, the EU said it would impose extra tariffs on Chinese EV players with a large footprint in Europe. BYD will be subject to additional tariffs of 17.4%, Geely will get an extra 20% duty. Citi analystsThe EU said in a statement it has provisionally concluded that Chinese EV makers benefits from "unfair subsidization," which resulted in "threat of economic injury" to EU's EV industry. watch nowThe additional duties come after the EU launched a probe in October.
Persons: Geely, Li, Morningstar, Joe Biden, Vincent Sun, Europe Joseph Webster, Webster, BYD, Tesla, Paul Triolo Organizations: Automotive Exhibition, Getty, Nurphoto, European Union, Li Auto, SAIC, Citi, EU, EV, Morningstar, Wednesday, Ministry of Commerce, Atlantic Council's Global Energy Center, Volvo, Nomura, Albright, Group Locations: Beijing, China, Geely, EU, Europe, U.S, Hungary, Swedish, Belgium
☆ Taiwan's energy crunch could 'throw a wrench' into the global semiconductor industry
  + stars: | 2024-06-11 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com   time to read: +2 min
Any energy disruption will slow down chipmaking and raise global semiconductor prices, Webster said. "Taiwan's electricity crunch could throw a wrench in global semiconductor markets," he said, adding that interruptions could reverberate across the global industry. The global semiconductor manufacturing industry is estimated to double its market size in revenue by 2030, and is poised to consume 237 terawatt hours (TWh) of electricity by then, a Greenpeace report said. Joseph Webster Atlantic Council's Global Energy CenterElectricity consumption from Taiwan's semiconductor manufacturing industry is set to increase 236% between 2021 and 2030, the same report found. "The global electricity industry has been surprised by the pace and scale of electricity demand from artificial intelligence's data centers," said Webster, adding that Taiwan's future electricity consumption is subject to "considerable uncertainty."
Persons: Council's Webster, Webster, Joseph Webster, Chen, Chung Organizations: Taiwan Semiconductor Manufacturing, Apple, Nvidia, Greenpeace, Joseph Webster Atlantic, Global Energy Center Electricity, Hua Institution Locations: Taiwan
☆ The Ukraine War has accelerated research into lithium-ion battery alternatives, including ones made of sand
  + stars: | 2023-09-03 | by ( Katie Hawkinson | ) www.businessinsider.com   time to read: +4 min
The war in Ukraine has spurred more research into clean energy, including lithium-ion alternatives. Polar Night Energy says batteries made of sand could be as effective without the same risks. It has also spurred research into safer alternatives to the lithium-ion batteries used in the ever-expanding electric vehicle market. One of the key resulting innovations has been new alternatives to lithium-ion batteries, the development of which is tied to human rights abuses and environmental harm. Beyond the human rights abuses prevalent in the cobalt industry, lithium-ion batteries also present environmental hazards.
Persons: Olga Khakova, Khakova Organizations: Energy, Service, Research, The Washington Post, Global Energy Center, Atlantic Council, Washington Post, Amnesty, Democratic, CNN Locations: Ukraine, Wall, Silicon, Europe, Russia, Finnish, Democratic Republic of, Congo
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