Tariffs
Tariffs: Broader implications of US tariff policies.
Chinese EV manufacturer BYD reported an astounding 880% year-on-year sales increase in the UK for September, establishing it as the company's largest market outside China.
The Trump administration has launched investigations into solar imports from India, Laos, and Indonesia over alleged dumping and unfair subsidies.
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BYD has surpassed Tesla as the world's top-selling EV brand and is projected to rival Toyota and Volkswagen by 2030, though U.S. tariffs largely exclude it from the American market.
Senator Bernie Moreno, a former car dealer, has introduced several legislative proposals aimed at significantly reshaping the U.S. automotive industry, including tax incentives and regulatory changes.
China and the European Union have reportedly completed the technical aspects of negotiations to resolve their electric vehicle tariff dispute, awaiting the EU's political decision.
AlixPartners predicts that only 15 of China's 129 electric vehicle and plug-in hybrid brands will be financially viable by 2030, signaling major market consolidation.
Powin, a leading global grid-scale battery energy storage system supplier, filed for Chapter 11 bankruptcy protection in New Jersey on June 11, 2025.
Lotus plans to halt production at its historic UK factory after 59 years, relocating to the US to mitigate tariff pressures and focus on hybrid and EV strategies.
Recent US tariff policies are disrupting global energy markets, with significant impacts on oil, gas, and power sectors, altering trade flows and investment strategies.