Is Fear of China Leading to Increasing Tariffs?
Western democracies are increasingly concerned about China’s overproduction of key goods, seeing it as an effort to dominate supply chains and undercut their own industries. Battery-electric vehicles have become a major target as Chinese firms such as BYD Co. move aggressively into global markets. China remains the single largest manufacturing economy and exporter in the
American free market vs. China’s command-and-control – The role of Value Chains in EVs?
The US is somehow home to the most valuable electric vehicle producer in the world and as recently as 2016, the US had more EVs on the road than China did. Now China has raced ahead. China accounts for six-in-ten of every EV sold worldwide, it also dominates the supply chain for the critical technology
Indian Government vows No Combustion Cars – One electric car in 2-years?
As part of the ambition to make India a green economy, Union minister Nitin Gadkari wants to slash GST (Goods and Services Tax) on hybrid vehicles and has vowed to rid the country entirely of the over 360 million petrol and diesel vehicles. “One hundred per cent,” Gadkari, the Union Minister for Road Transport and
Indian Consumer shows its Premium Colours?
Between 2023 and 2028, India will witness the highest growth for any country in the number of ultra-high net worth individuals (UHNWIs), with a net worth of US $30 million or more, according to a report released on Wednesday. According to Knight Frank’s flagship study, ‘The Wealth Report 2024’, the number of ultra-rich Indians will
Li-ion Battery Manufacturing and India a Favoured Destination?
Electric vehicle batteries have been called the “heart” of EVs. Much like the vital organ of the human body, it distributes electrical power to the various systems of an electric car. An EV battery has four major components: the positive electrode called the cathode, the negative electrode called the anode, a micro-permeable separator that keeps
Reconfiguration of Supply Chains & India’s Role?
Evolving global supply chains have made the movement away from China to countries like Vietnam, Mexico, and India a topic of growing significance. This shift is influenced by a complex interplay of factors, ranging from economic considerations to geopolitical tensions. It is essential to understand that this shift is not a wholesale displacement of China