- Europe is experiencing extreme weather events across the continent.
- Extreme heat dome conditions are affecting Europe, leading to continent-wide record temperatures.
Asian manufacturers, including Midea and Mitsubishi Electric, are benefiting from a boom in air conditioner sales in Europe due to extreme heat.
3 reports, 3 independent
Updated Jun 30
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AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Asian manufacturers, including Midea and Mitsubishi Electric, are benefiting from a boom in air conditioner sales in Europe due to extreme heat.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Midea's operational structure includes production in Guangzhou, R&D in Germany, and marketing to European households.Sub-event
- Chinese manufacturing meets EU demand for AC as EU heat drives up demand for cooling appliances.Sub-event
- Extreme heat in Europe is fueling high demand for air conditioners, leading Indian manufacturers to seek expansion into the European market.Sub-event
IEA reports low AC penetration in Europe while Midea sales jump in key markets like Italy and France.1 source
AC sales boom benefits Asian manufacturers in Europe due to extreme heat.1 source
Keep exploring
Part of
Extreme heat dome conditions are affecting Europe, leading to continent-wide record temperatures.Also in this story
- Severe weather and heatwave cause rail service cancellations in Blaenau Ffestiniog, Llandudno, North Wales.
- A study has emerged detailing various campaigns taking place across Europe.
- The heatwave is causing operational impacts across Europe, leading to high electricity prices in Germany and testing the resilience of Greece.
- A nuclear power plant in Europe is contending with the consequences of a heat wave while the continent adapts to rising energy demands.
Within Europe is experiencing extreme weather events across the continent.
The entities involved
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Midea
Chinese electrical appliance manufacturer
Nothing else this week.
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Europe
terrestrial continent located in north-western Eurasia
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Mitsubishi Electric
Japanese electronics and electrical equipments manufacturing company
Nothing else this week.