China's Dominance in Electric Vehicles and Solar Panels

China has rapidly emerged as a dominant force in the global market for electric vehicles and solar panels. With Chinese companies like BYD becoming key players in electric vehicle production, Europe has become a primary market for these exports, outpacing the United States. The impact of China's surge in exporting electric vehicles to the EU is significant, prompting investigations into Chinese trade practices and subsidies. Meanwhile, the history of the European Union's struggles in dealing with Chinese competition in solar panels highlights the challenges faced in maintaining market competitiveness.