Global Organization
The Inflation Reduction Act signed into law that year also pushes EV manufacturers to ditch battery materials from China if they want to qualify for consumer tax credits. The Biden administration announced significantly higher tariffs on EVs, batteries, semiconductors, solar cells, and critical minerals from China.
According to Hilary Preston, Vice Chair at Vinson & Elkins, Chinese companies’ efforts to commercialize their products within the U.S. has been met with litigation in both the U.S. and China. The lawsuits Preston said, involve high profile Chinese battery manufacturers like COSMX, ATL, and CATL (which is particularly important for the EV market).
Chinese companies like CATL and GEM Co, Ltd have taken the lead in the battery recycling market, using advanced technologies to maximize the reuse rate of critical materials. These companies employ cutting-edge extraction methods to reclaim valuable components from used batteries, which can then be reintegrated into the production cycle.
The lawsuits Preston said, involve high profile Chinese battery manufacturers like COSMX, ATL, and CATL (which is particularly important for the EV market). That means Chinese companies are to a degree competing among themselves to attain the best market position in the U.S. — in part by defending their IP.
As the electric vehicle (EV) market surges worldwide, battery recycling and circular economy initiatives have become essential to the global green transition. China, already a dominant player in EV battery production, is now expanding its reach into the battery recycling sector, aiming to build a closed-loop supply chain.
But she also noted more litigation does not necessarily mean Chinese batteries will be prevented from coming to market. Instead, it’s more likely companies will shift around build expenses like paying out IP royalties into their business plans.
The Office of the U.S. Trade Representative finalized its plan Friday to raise tariffs on a slew of goods made in China, largely adopting hikes it first proposed in May.. The …
In order to protect American businesses, Biden announced the raising of tariffs on Chinese imports that he says are unfairly subsidized by Beijing, including electric vehicles, …
From pv magazine USA. The U.S. Trade Representative ruled to maintain Section 301 tariffs on goods shipped from China. The tariffs include 25% on batteries and …
By 2025, the tariff rate on semiconductors from China will double to 50 percent. Tariffs on permanent magnets, natural graphite, and certain other critical minerals are also set to rise to 25...
The ban includes materials that are used in semiconductors, batteries, and solar panels. China''s Ministry of Commerce said it was responding to fresh US chip export bans, …
6 · International cell makers are struggling to compete with Chinese giants like CATL. But innovations like solid-state batteries could upend the industry in the not-too-distant future.
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China''s Ministry of Commerce has described the Office of the US Trade Representative''s recent decision to raise tariffs on Chinese solar components, batteries, …
In order to protect American businesses, Biden announced the raising of tariffs on Chinese imports that he says are unfairly subsidized by Beijing, including electric vehicles, solar cells ...
By 2025, the tariff rate on semiconductors from China will double to 50 percent. Tariffs on permanent magnets, natural graphite, and certain other critical minerals are also set …
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The Canadian government has launched a 30-day consultation to determine whether to impose a surtax on solar products, semiconductors, batteries, and battery parts from China. It recently slapped a ...
As EV adoption accelerates and the volume of spent batteries surges, China''s recycling network will expand accordingly, potentially making Chinese companies essential …
Semiconductors, solar panels, batteries, electric vehicles, steel and aluminum products, and critical minerals are among the products affected by this action. Meanwhile, all …
The heightened tariffs go after strategic product categories, including electric vehicles, batteries, critical minerals, semiconductors and solar cells. The final tariff structure …
2 of 5 | . Treasury Secretary Janet Yellen, left, United States Trade Representative Katherine Tai, second from left, and Acting Labor Secretary Julie Su, third …
Canada is launching a 30-day consultation period to consider the imposition of a surtax on batteries, battery parts, semiconductors, critical minerals and metals and solar …
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Biden hikes tariffs on China-made EVs, batteries, semiconductors The tariffs align with U.S. efforts to get ahead of China in clean energy and advanced technology …
China''s Ministry of Commerce has described the Office of the U.S. Trade Representative''s recent decision to raise tariffs on Chinese solar components, batteries, …