(Singapore Road Power Power) published a research report on Wednesday (October 2), a research report on Wednesday (October 2nd) that since the beginning of 2023, Chinese companies have invested in overseas investment overseas in order to avoid tariffs in the United States and other places overseas.Clean energy technology projects have exceeded $ 100 billion (S $ 128.8 billion).
The report said that China is the world's largest solar panel, lithium battery, and electric vehicle production countries and exporters. Its investment, innovation and manufacturing capabilities lead the world with "amazing amazing".China accounts for 32.5%of the global electric vehicle exports, 24.1%of lithium battery exports, and 78.1%of the export of solar cell boards.
The United States and Canada have levied 100%tariffs on electric vehicles made in China, and the European Union will vote on this issue this week.The United States also imposed 50%and 25%tariffs on solar panels and lithium batteries imported from China.
The joint writer of the Climate Energy Finance Report and the Chinese energy policy analyst Dong Xuyang (transliteration, XUYANG DONG) said: "The investment of Chinese private enterprises is largely due to the need to avoid trade barriers."
