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According to a leaked letter circulating on social media yesterday, BYD has asked its suppliers to accept price cuts in the coming year – a major signal that the Chinese EV maker is gearing up to intensify the price war in China even further, all while pushing harder into Europe and other markets.

A screenshot of an email from BYD circulated on Weibo yesterday, according to Reuters, demanding “10% price cuts from an unnamed supplier from January.”

BYD’s PR and branding director Li Yunfei responded to the leak in a Weibo post: “Annual bargaining with suppliers is a common practice in the automotive industry,” according to Bloomberg. “We put forward price reduction targets to suppliers. They’re not mandatory requirements. We can negotiate.”

For the past two years or so, BYD has been leading the charge in an intense price war in China, pushing smaller companies to the edge while forcing consolidation.  

In response, Volkswagen and Stellantis have teamed up with Chinese brands Xpeng and Zhejiang Leapmotor to build EVs, while EV maker HiPhi and Shanghai-based WM Motor have filed for bankruptcy, Bloomberg reports.

Leaked email from BYD signals its plan to intensify price war

Meanwhile, BYD is looking large and in charge. It’s currently ramping up production by close to 200,000 units to meet demand, and the company has hired nearly 200,000 new employees over the past three months. Earlier this year, the company led a fresh round of industry-wide price cuts, aggressively slashing prices on its best-selling models, and in turn, gained market share and pushed weaker rivals even further to the brink.

BYD is China’s best-selling car brand, having sold some 3.2 million plug-in hybrids and BEVs this year, including a record-breaking 500K million vehicles in October. Its cars account for more than one-third of the total sales of EVs and plug-in hybrids in China this year.

By the end of this year, it looks to be on track to selling an incredible 4 million units.

In the July-September quarter, BYD’s net profit rose to 11.6 billion yuan ($1.63 billion). Also, third-quarter revenue was up 24% on year $28.24 billion, which outpaced major rival Tesla’s for the first time. Tesla’s revenue for the July-September quarter reached $25.2 billion.

BYD still sells more than 90% of its vehicles in China, but it is pushing hard into Europe and other markets, despite higher tariffs. The automaker is looking to double exports to 450,000 vehicles this year.

Photo credit: BYD


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China-made panels drive Africa’s 15 GW solar import milestone

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China-made panels drive Africa’s 15 GW solar import milestone

Solar is taking off across Africa in a big way. According to a new analysis of China’s solar panel exports data from energy think tank Ember, solar panel imports into the continent jumped 60% in the 12 months through June 2025, setting a record that could reshape electricity systems in many countries.

In that period, Africa imported 15,032 megawatts (MW) of solar panels, up from 9,379 MW the year before. While South Africa has dominated past surges, this wave is happening across the map: 20 countries set new import records, and 25 countries each brought in at least 100 MW, compared to just 15 a year earlier.

Nigeria overtook Egypt to become the second-largest importer with 1,721 MW, while Algeria surged into third with 1,199 MW. Growth rates in some countries were staggering: Algeria’s imports jumped 33-fold, Zambia’s eightfold, Botswana’s sevenfold, and Sudan’s sixfold. Liberia, the DRC, Benin, Angola, and Ethiopia all more than tripled their imports.

Still, import numbers don’t tell the whole story. It’s unclear how many of these panels have been installed yet. Muhammad Mustafa Amjad of Renewables First, an energy transition think tank in Pakistan, pointed out that countries risk losing valuable time and opportunities without proper tracking. “Africa’s transition will happen regardless,” he said, “but with timely data it can be more equitable, planned, and inclusive.”

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If these panels do get installed, the impact could be massive. In Sierra Leone, the past year’s imports alone could cover 61% of the country’s 2023 electricity generation. For Chad, it’s 49%. Liberia, Somalia, Eritrea, Togo, and Benin could all boost generation by more than 10% compared to 2023, and 16 countries could see increases of over 5%.

The economic case is also strong. In Nigeria, solar savings from replacing diesel could repay panel costs in just six months, or even less in other countries. In fact, in nine of Africa’s top 10 solar panel importers, the value of imported refined petroleum outweighed solar imports by factors of between 30 to 107.

Ember’s chief analyst, Dave Jones, called the surge “a pivotal moment,” urging more research and reporting to keep pace with the rapid rise to “ensure the world’s cheapest electricity source fulfills its vast potential to transform the African continent.”

Read more: Batteries are so cheap now, solar power doesn’t sleep


The 30% federal solar tax credit is ending this year. If you’ve ever considered going solar, now’s the time to act. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. It has hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use, and you won’t get sales calls until you select an installer and share your phone number with them. 

Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here.

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Hyundai and Kia are growing fast in the US, and EVs are leading the way

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Hyundai and Kia are growing fast in the US, and EVs are leading the way

Hyundai and Kia vehicles are popping up on US roads more than ever, and a lot of it has to do with EVs. The South Korean auto giants just hit another milestone as they gear up to introduce several new models.

Hyundai and Kia bet on EVs, hybrids for growth in the US

After launching their first hybrid vehicles in the US in 2011, the Sonata and K5, Hyundai and Kia have come a long way.

Today, two out of ten Hyundai or Kia models sold in the US are considered “eco-friendly,” including electric (EV), hybrid, plug-in hybrid (PHEV), and fuel cell electric (FCEV) vehicles.

After 14 years, Hyundai and Kia announced on Monday that combined, they have now sold over 1.5 million eco-friendly cars in the US. In a statement, the company said it continues seeing strong demand for several models, including the Tucson Hybrid, IONIQ 5, and Niro Hybrid.

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Although 14 years is a relatively long time, in the first few years, they only offered a few models. It took 11 years to reach the 500,000 mark in 2022, and in just three years, they’ve since tripled it.

Hyundai-Kia-EVs-US
Hyundai and Kia’s eco-friendly car sales in the US since 2011, including EV, hybrid, PHEV, and FCEV (Source: Hyundai)

Since reaching 100,000 in annual sales in 2021, brand sales of eco-friendly cars have grown rapidly. Hyundai and Kia sold 182,627 units in 2022, 278,122 units in 2023, and 364,441 units in 2024. This year, they sold over 221,500 in the first six months, up 20% from the same period in 2024.

Hybrids accounted for over 1.1 million, followed by electric vehicles with nearly 375,000, and FCEVs at just over 1,850 units sold.

Hyundai-Kia-EVs-US
2025 Hyundai IONIQ 5 at a Tesla Supercharger (Source: Hyundai)

The Hyundai Tucson Hybrid and Kia Niro Hybrid are the brand’s top-selling eco-friendly cars in the US. Hyundai’s Sonata Hybrid and IONIQ 5 ranked second and fourth. Meanwhile, the Kia Sportage Hybrid and Sorento Hybrid placed third and fifth.

Hyundai and Kia offer 19 eco-friendly vehicles in the US, including eight hybrid and PHEVs, 10 EVs, and just one FCEV.

Hyundai-Kia-EVs-Us
2025 Kia EV6 US-spec model (Source: Kia)

Both brands sold more vehicles in the US in the first half of the year than ever. With Hyundai now building vehicles at its new EV plant in Georgia, including the 2025 IONIQ 5 and 2026 IONIQ 9, the automaker expects the growth to continue. Kia assembles the EV6 and EV9 at a separate plant in Georgia, and will introduce the EV4, its first electric sedan, in early 2026.

Based on the advanced E-GMP platform, Hyundai and Kia’s electric vehicles offer some of the longest driving ranges, fastest charging speeds, and remain surprisingly affordable.

Hyundai-Kia-EVs-US
Hyundai IONIQ 9 (Source: Hyundai)

With leases starting as low as $159 per month, the 2025 Hyundai IONIQ 5 is one of the most affordable EV lease deals in the US. Even the three-row IONIQ 9 is listed with monthly leases as low as $299. That’s pretty cheap for a nearly $60,000 three-row electric SUV.

Hyundai will continue to offer hybrids in response to the changing policies under the Trump Administration. It also plans to add hybrid production in Georgia, starting next year.

Looking to check one out for yourself? We can help you find vehicles in your area. You can use our links below to view Hyundai and Kia models near you.

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Save big on heat pumps and solar before Washington pulls the plug

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Save big on heat pumps and solar before Washington pulls the plug

Three years after the Inflation Reduction Act (IRA) became law, Rewiring America is rolling out a new effort to make sure homeowners don’t miss out on major savings.

The Save on Better Appliances campaign is designed to help families take advantage of federal energy tax credits before they expire at the end of 2025, while also showing how modern electric appliances can cut long-term energy costs.

With utility bills climbing, the group is highlighting the benefits of heat pumps, heat pump water heaters, rooftop solar, and other upgrades that can keep homes comfortable while protecting against future price spikes. For many households, energy-efficient appliances are one of the few ways to bring bills under control – and that value remains even after federal incentives are gone.

Right now, homeowners can still access the federal Energy Efficient Home Improvement Credit (25C) and Residential Clean Energy Credit (25D). On top of that, thousands of state, local, and utility-level incentives are available to help offset upfront costs.

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Ari Matusiak, CEO of Rewiring America, pointed out that the IRA incentives were never meant to last forever:

Congress’s decision to repeal them prematurely means households should act fast. But the savings, comfort, and long-term value of these upgrades remain. For homeowners ready to act, we have the tools to help. And for those who need more time, we’re working to expand your options and ensure that these upgrades make financial sense whenever the moment is right.

What the campaign offers

The Save on Better Appliances campaign runs through October and includes:

  • A central hub where homeowners can learn about the expiring credits, check out state, local, and utility incentives, and connect with vetted contractors.
  • Weekly Zoom drop-in sessions with Certified Electric Coaches, starting September 3, to answer questions about home upgrades.
  • Contractor tools, including Rewiring America’s Contractor Finder, soon to be integrated with the BetterHVAC directory for more trusted installer options.
  • A new Single-Project Personal Electrification Planner to help homeowners map out common projects like heat pumps, energy audits, and electrical upgrades.

“I’ve been doing HVAC installations for the past 40 years, and I can tell you that I’ve seen firsthand how the 25C tax credit has made heat pumps, the most efficient HVAC technology, more affordable and accessible for homeowners,” said Scotty Libby, owner of Maine-based Royal River Heat Pumps. “Homeowners should talk to their local contractors now if they want to upgrade their HVAC, take advantage of the tax credit, and lock in the potential long-term energy savings a heat pump would provide.”

Beyond tax credits

Rewiring America is also working with manufacturers, contractors, and lenders to make upgrades more affordable, even without federal help. In Rhode Island and Colorado, families can already access specially priced heat pump packages, with more states on the way. These deals will expand in 2026 and beyond, lowering upfront costs no matter what happens in Washington.

Across the country, state agencies, utilities, and local nonprofits are already leading creative programs to help families save money, find trusted contractors, and begin electrifying their homes. Rewiring America says this campaign is about amplifying that work and making it easier for households to take the first step.

“Tax credits may expire, but the benefits of better HVAC – lower bills, healthier homes, and lasting comfort – are here to stay. That’s why we’re supporting Rewiring America’s campaign,” said Bill Spohn, Sr., president of the Better HVAC Alliance.

Read more: US EV sales stay strong, but looming tariffs threaten affordability


The 30% federal solar tax credit is ending this year. If you’ve ever considered going solar, now’s the time to act. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. It has hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use, and you won’t get sales calls until you select an installer and share your phone number with them. 

Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here.

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