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The Contest in the Electric Vehicle Markets of China, the US, and Europe —— An In - depth Analysis of the Differences in the Restrictive Policies of the US and the EU on Chinese Electric Vehicles and Their Impact on the Global Automotive Industry
The Australian government announced an investment of 1 billion Australian dollars to promote domestic photovoltaic panel production, aiming to reduce its dependence on Chinese photovoltaic products, improve self - sufficiency, and play a more important role in the global renewable energy market.
The global charging pile market is developing rapidly, and the European and American markets have huge potential. However, it faces different international standards and regulatory requirements, such as the MID Directive, ANSI C12 standard, etc. China also implements a compulsory verification system. Enterprises need to enhance their international competitiveness, understand and comply with international regulations and standards to seize opportunities and achieve healthy development.
According to reports from Bloomberg and the Associated Press, the US Department of the Treasury announced that from next year, electric vehicles produced in the US that contain battery components manufactured or assembled in countries such as China will no longer be eligible for a tax credit of up to $7,500.