Just as China has taken over 80% of global solar manufacturing, Western electrolyzer manufacturers are wondering if the same will happen to their sector. A number of Chinese electrolyzer manufacturers are either planning or building gigafactories with the goal of flooding the European industrial sector and benefiting from the upcoming EU subsidies. This would be quite a disaster for many big Western players and potentially for the green hydrogen industry. The core of this challenge lies in the mechanism through which green hydrogen subsidies are allocated by the European Union. The recipients of the subsidies will be the ones capable of the lowest bids. Chinese manufacturers benefit from advantages like lower wages, cheap electricity, and state funding, which will help…