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Europe heatwave impact: Indian AC makers eye market; face stiff competition from China, South Korean companies
Europe heatwave impact: Indian manufacturers of air conditioners are gearing up to enter the European market, encouraged by surging demand for cooling products following record-breaking heatwaves and the growing impact of global warming. However, they are expected to face stiff competition from Chinese and South Korean brands, which currently dominate the region and reportedly enjoy a 15-18% cost advantage over Indian manufacturers.
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scmp.com
As Europe sizzles amid extreme heat, the hunt for China’s aircon remains elusive
While Europe sweats its way through torturous temperatures of up to 40 degrees Celsius, China cannot get ACs transported over fast enough.
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caixinglobal.com
Europeans Snap Up Chinese AC as Record Heat Scorches the Continent
Exports of portable air conditioners to Western Europe jumped more than 70% in the first five months of this year
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economictimes.indiatimes.com
Europe heatwave: Indian couple in Paris wait 90 minutes to buy a ‘luxury’ fan, say people are fighting to get one
Europe heatwave: An Indian couple in Paris waited 90 minutes to buy a fan as extreme temperatures hit Europe, disrupting transport, infrastructure and daily life. Record-breaking…
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China’s cooling, e-commerce giants reap windfall as Europe heat offers no relief
Alibaba notes surge in retail and business-to-business orders, Midea reports sharp revenue rise, and Gree sales get bump in major European markets.
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China’s cooling, e-commerce giants see sales surge as Europe heat sizzles
Alibaba notes surge in retail and business-to-business orders, Midea reports sharp revenue rise, and Gree sales get bump in major European markets.
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In Graphics: Europe searches for ACs in soaring heat
Europes severe heat wave is forcing many to finally consider home cooling, an idea they had long resisted for reasons ranging from socio-cultural factors to urban design and…
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Indian AC makers eye Europe as record heatwaves spark export opportunity
Indian air-conditioning manufacturers are increasingly attracted to the European market as they respond to rising demand driven by intense heatwaves and climate change awareness.…
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washingtonexaminer.com
Europe’s deadly heat wave opens the doors to Asian air conditioning makers
Asian manufacturers are reaping the benefits of Europe's deadly heat wave, which has reignited debates over installing air conditioning.
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euronews.com
How Europe's growing need for cooling is reshaping electricity demand
Europe's June heatwave has driven up electricity demand and wholesale power prices across the continent, highlighting the growing impact of cooling needs on electricity systems.
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timesofindia.indiatimes.com
Europe heatwave impact: Indian AC makers eye market; face stiff competition from China, South Korean companies
Europe heatwave impact: Indian manufacturers of air conditioners are gearing up to enter the European market, encouraged by surging demand for cooling products following…
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sixthtone.com
As Europe Swelters, Chinese AC Sales Heat Up
Sales of portable air conditioners manufactured by Chinese companies have skyrocketed this summer, with most products out of stock in Western European home appliance stores.
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Europe can’t just air-condition its way out of the heatwave meltdown
Europe's infrastructure, built for cold, is struggling with record heatwaves. From buckling train tracks and melting roads to hospitals cancelling surgeries and strained power…
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Europe’s Heat Wave Lifts Sales for Chinese Air-Conditioner Makers
Midea, Gree, Haier and others report sold-out portable units as extreme heat exposes Europe’s low household cooling penetration and difficult installation marke