Domestic Incentives and the Internalization of Chineses Manufacturing in the Wind, Electric

For example, the role of the state and global dynamics in enabling China’s rise as a technological power and more specifically a clean energy technology manufacturing power has been well documented.4 The patterns of internationalization of Chinese firms also highlight how much companies’ motivations and relations with the Chinese government can vary.5 In the area of clean tech, scholars have analy. [...] The Rapid Expansion of the CATL With the expansion of the domestic EV market and manufacturing in China, the country has also become a central node in the supply chain for batteries globally. [...] Outside of more technologically advanced regions like Europe and the United States, Chinese EV manufacturing might follow the pattern of multinational automotive companies in the 1990s and into the 2000s where most R&D and advanced manufacturing was performed in the home country while production in China and other emerging markets largely consisted of assembly and lower-end manufacturing. [...] In the case of wind turbines, the advantages of production in China seem to outweigh those of producing closer to the end market for now. [...] This is especially true for Europe, given the volatility in the prices of energy and steel throughout 2022China’s manufacturing advantage plays out in the upstream segment of the industry since the country is a large producer of components and processed and raw materials.46 This cost advantage in some cases also benefits non- Chinese companies.