Rhodium Group
@rhg.com
Rhodium Group is an independent research provider, combining policy expertise and data-driven analysis to help decision-makers navigate global challenges.
China’s mode of finance mixes concessional and commercial motives, and new financial flows are slowing as lenders look to control risk. The result has been that China is collecting more in debt service payments than it is disbursing in new loan finance.
November 26, 2025 at 2:22 PM
China’s mode of finance mixes concessional and commercial motives, and new financial flows are slowing as lenders look to control risk. The result has been that China is collecting more in debt service payments than it is disbursing in new loan finance.
As the continent's automakers face increasing pressure from Chinese OEMs, policymakers in Brussels are considering new tools to safeguard Europe's carmakers.
Local content requirements are emerging as a favored option. Will they work?
Local content requirements are emerging as a favored option. Will they work?
Made in Europe 2025: Can Local Content Requirements Save Europe’s Auto Industry?
Europe’s auto industry faces mounting pressure as falling Chinese demand, intensifying competition at home and in third markets, and US tariffs strain profitability and employment. The use of traditio...
rhg.com
November 25, 2025 at 4:52 PM
As the continent's automakers face increasing pressure from Chinese OEMs, policymakers in Brussels are considering new tools to safeguard Europe's carmakers.
Local content requirements are emerging as a favored option. Will they work?
Local content requirements are emerging as a favored option. Will they work?
From the start of 2018 through Q3 of 2025, companies have cancelled $17 billion worth of US industrial decarbonization projects, exceeding the $15 billion invested over the same period for 57 projects that have begun operating in the US.
November 21, 2025 at 5:49 PM
From the start of 2018 through Q3 of 2025, companies have cancelled $17 billion worth of US industrial decarbonization projects, exceeding the $15 billion invested over the same period for 57 projects that have begun operating in the US.
In Q3, US clean investment totaled $75 billion, a record quarterly high according to new data from the Clean Investment Monitor. This was largely driven by a surge in electric vehicle sales, which reached $31 billion and a 32% increase from the previous quarter.
November 20, 2025 at 5:15 PM
In Q3, US clean investment totaled $75 billion, a record quarterly high according to new data from the Clean Investment Monitor. This was largely driven by a surge in electric vehicle sales, which reached $31 billion and a 32% increase from the previous quarter.
In our latest report with the @atlanticcouncil.bsky.social GeoEconomics Center, we unpack what China's economic slowdown means for African economies.
Read the full report:
Read the full report:
How China’s Economic Slowdown Will Impact Africa
Executive summary China’s economic rise and its integration with Africa have catalyzed new infrastructure and industries across the continent. But this also now exposes African countries to negative…
rhg.com
November 19, 2025 at 3:32 PM
In our latest report with the @atlanticcouncil.bsky.social GeoEconomics Center, we unpack what China's economic slowdown means for African economies.
Read the full report:
Read the full report:
We're hiring! We're recruiting a Research Assistant to join our international energy & climate team.
The location is flexible, but Oakland, CA is preferred. rhg.com/job-opportun...
The location is flexible, but Oakland, CA is preferred. rhg.com/job-opportun...
Research Assistant: International Energy and Climate – Rhodium Group
Position Description Rhodium Group is looking for an entrepreneurial and talented Research Assistant to join our world-class team of economists, policy analysts, researchers, and data engineers. As a…
rhg.com
November 14, 2025 at 6:45 PM
We're hiring! We're recruiting a Research Assistant to join our international energy & climate team.
The location is flexible, but Oakland, CA is preferred. rhg.com/job-opportun...
The location is flexible, but Oakland, CA is preferred. rhg.com/job-opportun...
Join us at the @atlanticcouncil.bsky.social next Tuesday afternoon as we release a new report on how China's economic slowdown will impact countries across Africa and their relationships with Beijing.
Register here:
Register here:
What China's economic slowdown means for Africa
The GeoEconomics Center and Rhodium Group launch a new report on how China's economic slowdown could impact Beijing's trade and financial engagement with African countries.
www.atlanticcouncil.org
November 13, 2025 at 7:58 PM
Join us at the @atlanticcouncil.bsky.social next Tuesday afternoon as we release a new report on how China's economic slowdown will impact countries across Africa and their relationships with Beijing.
Register here:
Register here:
Thanks to policy and technological innovation, we anticipate steep declines in global emissions from the power sector—peaking in the coming decade and falling by 35-73% by 2050 from today's levels.
November 12, 2025 at 6:05 PM
Thanks to policy and technological innovation, we anticipate steep declines in global emissions from the power sector—peaking in the coming decade and falling by 35-73% by 2050 from today's levels.
As COP30 kicks off, our newly updated Rhodium Climate Outlook shows that while the world has likely avoided the most catastrophic projections, global temperature rise is on track to exceed 2°C. We project a likely range of 2.3–3.4°C and an average outcome of 2.8°C by the end of the century.
November 6, 2025 at 6:12 PM
As COP30 kicks off, our newly updated Rhodium Climate Outlook shows that while the world has likely avoided the most catastrophic projections, global temperature rise is on track to exceed 2°C. We project a likely range of 2.3–3.4°C and an average outcome of 2.8°C by the end of the century.
Chinese companies have invested millions of dollars in projects across the EV sector in Southeast Asia.
Indonesia in particular has seen significant upstream investment.
See the data for yourself in our latest dashboard: cbm.rhg.com/dashboard/ch...
Indonesia in particular has seen significant upstream investment.
See the data for yourself in our latest dashboard: cbm.rhg.com/dashboard/ch...
November 5, 2025 at 5:18 PM
Chinese companies have invested millions of dollars in projects across the EV sector in Southeast Asia.
Indonesia in particular has seen significant upstream investment.
See the data for yourself in our latest dashboard: cbm.rhg.com/dashboard/ch...
Indonesia in particular has seen significant upstream investment.
See the data for yourself in our latest dashboard: cbm.rhg.com/dashboard/ch...
Thanks to policy and technological innovation, we anticipate steep declines in global emissions from the power sector—peaking in the coming decade and falling by 35-73% by 2050 from today's levels.
November 4, 2025 at 8:22 PM
Thanks to policy and technological innovation, we anticipate steep declines in global emissions from the power sector—peaking in the coming decade and falling by 35-73% by 2050 from today's levels.
In our new 2025 edition of the Rhodium Climate Outlook, if current trends in policy and technology development continue, we project a likely (67% confidence) range of 2.3–3.4°C of temperature rise and an avg outcome of 2.8°C by 2100. The probability of limiting warming below 2°C remains below 5%.
November 3, 2025 at 6:49 PM
In our new 2025 edition of the Rhodium Climate Outlook, if current trends in policy and technology development continue, we project a likely (67% confidence) range of 2.3–3.4°C of temperature rise and an avg outcome of 2.8°C by 2100. The probability of limiting warming below 2°C remains below 5%.
Amid global anxiety about China weaponizing critical mineral supply chains, Chinese investment in basic materials reached a new high in Q3, especially in raw material inputs for the clean energy value chain.
Read more in our breakdown of China's Q3 outbound FDI:
Read more in our breakdown of China's Q3 outbound FDI:
China Continues Upstream Expansion in Supply Chains: Q3 2025 Update
Amid global anxiety about China weaponizing critical mineral supply chains, Chinese investment in basic materials reached a new high, especially in raw material inputs for the clean energy value chain...
cbm.rhg.com
October 30, 2025 at 4:32 PM
Amid global anxiety about China weaponizing critical mineral supply chains, Chinese investment in basic materials reached a new high in Q3, especially in raw material inputs for the clean energy value chain.
Read more in our breakdown of China's Q3 outbound FDI:
Read more in our breakdown of China's Q3 outbound FDI:
Interested in seeing more of the data in Rest of World's latest piece on the EV supply chain?
You can explore the whole dataset for free on the China Cross-Border Monitor:
You can explore the whole dataset for free on the China Cross-Border Monitor:
October 29, 2025 at 6:52 PM
Interested in seeing more of the data in Rest of World's latest piece on the EV supply chain?
You can explore the whole dataset for free on the China Cross-Border Monitor:
You can explore the whole dataset for free on the China Cross-Border Monitor:
"EV-related investments tumbled by almost a third to $8.1bn in the three months to Sept compared with a year earlier, according to the US Clean Investment Monitor, a database by Rhodium Group & MIT. Between April & Sept, about $7bn of planned EV investments were ditched." www.ft.com/content/bc4e...
US risks losing more ground to China in EV race as investment tumbles
White House backing for petrol-based cars poses dilemma for many automakers
www.ft.com
October 28, 2025 at 5:15 PM
"EV-related investments tumbled by almost a third to $8.1bn in the three months to Sept compared with a year earlier, according to the US Clean Investment Monitor, a database by Rhodium Group & MIT. Between April & Sept, about $7bn of planned EV investments were ditched." www.ft.com/content/bc4e...
In our annual Taking Stock outlook for US energy and emissions under current policy, we find the US is now on track to reduce emissions by 26-41% below 2005 levels in 2035, a meaningful shift from our outlook in 2024, which showed a steeper decline of 38-56%.
rhg.com/research/tak...
rhg.com/research/tak...
October 16, 2025 at 7:46 PM
In our annual Taking Stock outlook for US energy and emissions under current policy, we find the US is now on track to reduce emissions by 26-41% below 2005 levels in 2035, a meaningful shift from our outlook in 2024, which showed a steeper decline of 38-56%.
rhg.com/research/tak...
rhg.com/research/tak...
Back in March, we wrote about how the US was on an unspoken mission to claw back strategic assets from China.
As we anticipated, Beijing is now aware of the playbook and is responding where it has leverage, including with rare earths:
As we anticipated, Beijing is now aware of the playbook and is responding where it has leverage, including with rare earths:
The Clawback: Reclaiming Strategic Assets from China
The United States is on an unspoken mission to claw back strategic assets from China. This is not a policy that began with the current US administration, nor has it been articulated in a speech or pol...
rhg.com
October 15, 2025 at 2:26 PM
Back in March, we wrote about how the US was on an unspoken mission to claw back strategic assets from China.
As we anticipated, Beijing is now aware of the playbook and is responding where it has leverage, including with rare earths:
As we anticipated, Beijing is now aware of the playbook and is responding where it has leverage, including with rare earths:
The China market used to be a cash cow for foreign carmakers, but times have changed, and now many OEMs find their operations there dragging down profits.
How they respond will shape the future of global supply chains.
Read more:
How they respond will shape the future of global supply chains.
Read more:
The Hangover: Foreign Carmakers’ China Strategies
The last few years have seen foreign carmakers’ China operations shift from cash cows to drags on profits. Their responses to that sea change vary. Some are exiting or downsizing their China presence,...
rhg.com
October 14, 2025 at 3:00 PM
The China market used to be a cash cow for foreign carmakers, but times have changed, and now many OEMs find their operations there dragging down profits.
How they respond will shape the future of global supply chains.
Read more:
How they respond will shape the future of global supply chains.
Read more:
Businesses are trying to assess where tariff rates are settling and how they will affect global supply chains.
We built a tariff tool estimating the trade-weighted average US tariff rate by country, taking into account all tariff measures and exemptions as of mid-September.
We built a tariff tool estimating the trade-weighted average US tariff rate by country, taking into account all tariff measures and exemptions as of mid-September.
October 10, 2025 at 4:10 PM
Businesses are trying to assess where tariff rates are settling and how they will affect global supply chains.
We built a tariff tool estimating the trade-weighted average US tariff rate by country, taking into account all tariff measures and exemptions as of mid-September.
We built a tariff tool estimating the trade-weighted average US tariff rate by country, taking into account all tariff measures and exemptions as of mid-September.
The last time the US imposed sweeping global tariffs, manufacturing supply chains adapted to soften the blow.
The current tariff shock is stronger than in 2018, yet uncertainty is also much higher.
So what will current tariffs do to supply chains?
The current tariff shock is stronger than in 2018, yet uncertainty is also much higher.
So what will current tariffs do to supply chains?
Chain Reaction: US Tariffs and Global Supply Chains
The last time the US imposed sweeping global tariffs, manufacturing supply chains adapted to soften the blow. Transshipment was part of the story, but more durable supply chains and manufacturing capa...
rhg.com
October 9, 2025 at 3:24 PM
The last time the US imposed sweeping global tariffs, manufacturing supply chains adapted to soften the blow.
The current tariff shock is stronger than in 2018, yet uncertainty is also much higher.
So what will current tariffs do to supply chains?
The current tariff shock is stronger than in 2018, yet uncertainty is also much higher.
So what will current tariffs do to supply chains?
Our latest tracker shows China's investments across the EV supply chain, broken down by segment.
See where Chinese companies are investing, from upstream mining operations to final vehicle assembly:
cbm.rhg.com/dashboard/ch...
See where Chinese companies are investing, from upstream mining operations to final vehicle assembly:
cbm.rhg.com/dashboard/ch...
October 8, 2025 at 2:45 PM
Our latest tracker shows China's investments across the EV supply chain, broken down by segment.
See where Chinese companies are investing, from upstream mining operations to final vehicle assembly:
cbm.rhg.com/dashboard/ch...
See where Chinese companies are investing, from upstream mining operations to final vehicle assembly:
cbm.rhg.com/dashboard/ch...
In a new dashboard, we track China's investments in the EV supply chain across the world, broken down by segment.
See where Chinese companies are investing, from upstream mining operations to final vehicle assembly:
See where Chinese companies are investing, from upstream mining operations to final vehicle assembly:
China Global Clean Tech Investment Dashboard
Track China's investments across the EV value chain, broken down by segment.
cbm.rhg.com
October 6, 2025 at 7:21 PM
In a new dashboard, we track China's investments in the EV supply chain across the world, broken down by segment.
See where Chinese companies are investing, from upstream mining operations to final vehicle assembly:
See where Chinese companies are investing, from upstream mining operations to final vehicle assembly:
China operations were once a cash cow for foreign carmakers, but over the last few years that's all changed.
We explore how different automakers are approaching the China market now and the implications it has for supply chains and policy debates.
We explore how different automakers are approaching the China market now and the implications it has for supply chains and policy debates.
The Hangover: Foreign Carmakers’ China Strategies
The last few years have seen foreign carmakers’ China operations shift from cash cows to drags on profits. Their responses to that sea change vary. Some are exiting or downsizing their China presence,...
rhg.com
September 17, 2025 at 4:51 PM
China operations were once a cash cow for foreign carmakers, but over the last few years that's all changed.
We explore how different automakers are approaching the China market now and the implications it has for supply chains and policy debates.
We explore how different automakers are approaching the China market now and the implications it has for supply chains and policy debates.
Reposted by Rhodium Group
🎙️ New podcast out now! 👉 open.spotify.com/episode/6CFC...
🇨🇳 @staskaleta.bsky.social is joined by @noahbarkin.bsky.social (@rhg.com @gmfus.bsky.social) to discuss the EU's strategy for China – after Trump's NATO ultimatum demanding China tariffs, and Wang Yi's visit to Poland.
🇨🇳 @staskaleta.bsky.social is joined by @noahbarkin.bsky.social (@rhg.com @gmfus.bsky.social) to discuss the EU's strategy for China – after Trump's NATO ultimatum demanding China tariffs, and Wang Yi's visit to Poland.
September 16, 2025 at 2:34 PM
🎙️ New podcast out now! 👉 open.spotify.com/episode/6CFC...
🇨🇳 @staskaleta.bsky.social is joined by @noahbarkin.bsky.social (@rhg.com @gmfus.bsky.social) to discuss the EU's strategy for China – after Trump's NATO ultimatum demanding China tariffs, and Wang Yi's visit to Poland.
🇨🇳 @staskaleta.bsky.social is joined by @noahbarkin.bsky.social (@rhg.com @gmfus.bsky.social) to discuss the EU's strategy for China – after Trump's NATO ultimatum demanding China tariffs, and Wang Yi's visit to Poland.
We find the US is on track to reduce GHG emissions by 26-41% in 2040 relative to 2005 levels. On the way to 2040, we estimate GHG emissions levels will decline 26-35% in 2035.
Read more in our annual Taking Stock report:
Read more in our annual Taking Stock report:
Taking Stock 2025
Executive summary The first seven months of the second Trump administration and 119th Congress have seen the most abrupt shift in energy and climate policy in recent memory. After the Biden administra...
rhg.com
September 15, 2025 at 3:22 PM
We find the US is on track to reduce GHG emissions by 26-41% in 2040 relative to 2005 levels. On the way to 2040, we estimate GHG emissions levels will decline 26-35% in 2035.
Read more in our annual Taking Stock report:
Read more in our annual Taking Stock report: