China’s EV exports plummet despite its market penetration rate exceeding 50% for four months

China’s domestic electric vehicle (EV) sales have maintained a penetration rate of over 50% for four consecutive months, reflecting strong growth in the domestic market, according to the China Association of Automobile Manufacturers (CAAM) on December 11. However, exports of pure EV have shown worrying signs, with only 58,000 units shipped in November—a month-on-month decrease of 43.8% and a year-over-year decline of approximately 29.2%. The drop is believed to be linked to the European Union’s recently imposed heavy tariffs on Chinese EVs.

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TSMC founder Morris Chang offers personal insights on Intel’s leadership dilemma

Morris Chang, founder of TSMC, shared candid opinions about leading figures and companies in the tech industry during the launch of his autobiography. The event, attended by former Taiwan President Ing-Wen Tsai and industry luminaries like Barry Lam, offered a rare glimpse into Chang’s perspectives on Intel, Samsung, and Nvidia’s Jensen Huang.

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