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Industry Collapse

All articles tagged with #industry collapse

China's Electric Vehicle Market Faces Price Wars and Industry Shakeup

Originally Published 3 months ago — by CNN

The Chinese electric vehicle industry is experiencing a brutal price war driven by overcapacity and intense competition, leading to numerous bankruptcies like Ji Yue and squeezing profit margins, while the government attempts measures to curb destructive practices and stabilize the market, though experts believe significant consolidation and reform are necessary for long-term stability.

business business business chinese-electric-vehicles government-regulation industry-collapse overcapacity price-war

Green Energy Initiatives Face Setbacks Amid Political and Market Challenges

Originally Published 6 months ago — by Canary Media

The US green hydrogen industry, once poised for a billion-dollar boom, has largely collapsed due to delayed tax credit guidance, rising costs, and lack of industrial buyers, with only small-scale projects remaining viable and major companies canceling plans amid economic and regulatory uncertainties.

business energy energy green-hydrogen industry-collapse project-cancellations tax-credits us-energy-policy