Article

China will eliminate VAT export rebates on photovoltaic products by April 1, 2026, and gradually reduce battery rebates to zero by January 1, 2027, leading to increased prices for these products. European distributors are ramping up purchases to secure supplies ahead of these changes, with anticipated price hikes of five to ten percent for batteries in the first half of the year. This policy shift is prompting suppliers to reassess international sales strategies and may result in changes to assembly locations amid expected market volatility.