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Chinese Manufacturers

All articles tagged with #chinese manufacturers

business15 days ago

China's Growing Presence in the UK Car Market by 2025

Chinese car brands are projected to account for 10% of new car sales in the UK by 2025, driven by increased sales across Europe, with manufacturers like MG, BYD, and Chery leading the growth. This surge is part of China's dominance in the EV industry, supported by government subsidies and supply chain control, raising concerns in the EU about job losses and market competition. Despite tariffs on Chinese EVs, hybrids remain a significant part of their offerings, allowing Chinese brands to undercut European manufacturers and expand their market share.

via The Guardian|
#business#chinese-cars#chinese-manufacturers
technology6 months ago

Next-Gen Battery Tech Set to Revolutionize Consumer Electronics by 2026

Silicon-based batteries in smartphones are reaching their capacity limit of around 8,500 mAh, prompting industry shifts towards improving battery technology through material innovations and smarter management systems. While Chinese brands adopt larger-capacity batteries, Apple and Samsung continue experimenting with silicon batteries but have yet to implement them widely, with current models still using traditional Li-ion batteries.

via PhoneArena|
#apple#battery-capacity#chinese-manufacturers
politics1 year ago

BIOSECURE Act Excluded from Defense Bill, Easing Pressure on Chinese Biotech

The BIOSECURE Act, which aims to restrict U.S. pharmaceutical companies from using Chinese contract manufacturers like WuXi AppTec and WuXi Biologics, was excluded from a crucial defense budget bill. This legislation, supported by both parties, seeks to reduce reliance on China in the drug supply chain and maintain U.S. dominance in biotechnology. However, the exclusion from the defense bill represents a significant setback for the act.

via STAT|
#biosecure-act#bipartisan-support#chinese-manufacturers
business2 years ago

US Imposes Tariffs on Chinese Solar Panel Companies for Evading Duties

The US Commerce Department has concluded a year-long investigation into Chinese solar panel companies and found that five of them have been evading US tariffs by routing their operations through Southeast Asian countries. The companies identified as skirting the tariffs are BYD Hong Kong, Canadian Solar, New East Solar, Trina, and Vina Solar. The investigation also determined that three other solar manufacturers, Hanwha, Jinko, and Boviet, were in compliance with US laws. However, the additional tariffs will not be imposed until June 2024, as President Joe Biden waived the tariffs on solar panels last summer for a two-year period. The investigation was launched after a complaint filed by US-based company Auxin Solar, which alleged that some companies in Southeast Asia were avoiding tariffs.

via CNN|
#business#chinese-manufacturers#commerce-department-investigation