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Chinese Electric Vehicle Makers Counter EU Tariffs: Market Diversification and Localized Production
Chinese Electric Vehicle Makers Counter EU Tariffs: Market Diversification and Localized Production Chinese electric vehicle (EV) manufacturers may be unhappy with the new additional tariffs imposed by the European Union (EU), but they have multiple strategies to maintain their growth momentum, including shifting production to the European continent and leveraging their robust profit margins to partially offset the impact of tariffs. The European Commission formally notified carmakers including BYD, Geely Automobile, and SAIC Motor on Wednesday that it would impose temporary tariffs on EVs, up to 48%, starting next month...
Industry dynamics 2024-06-19 14:36:22 -
The Crypto Regulatory Game: 200 Billion USDT Incident Sparks Concerns
The Crypto Regulatory Game: 200 Billion USDT Incident Sparks Concerns Capital's profit-seeking nature is evident in traditional finance, commodity markets, and the current cryptocurrency market, which is booming. However, cryptocurrencies, powered by blockchain technology, still face unavoidable regulatory blind spots amid the ongoing struggle between the industry and financial regulators in the West...
Blockchain 2024-06-19 12:13:37 -
Digital Yuan Trial in Hong Kong Expands: Faster Top-Ups via Faster Payment System
Since the expansion of the digital yuan pilot in Hong Kong, several banks, including Hang Seng Bank and Bank of Communications Hong Kong, announced on May 17 that they are offering top-up services for digital yuan wallets through the Faster Payment System (FPS). FPS: Hong Kong's Fast Payment System FPS is a fast payment system launched by the Hong Kong Monetary Authority (HKMA)...
Blockchain 2024-05-24 16:46:22 -
New Progress in AI Registration: 19 New Companies Registered
With the development of AI technology, registration management of generative AI applications has drawn increasing attention. Recently, authorities released new progress in AI registration, with 19 new companies completing the registration process, providing important guidance for the standardized development of the industry...
Industry dynamics 2024-05-24 16:36:43 -
Google Unveils Transformative AI Updates for Search and Beyond at I/O 2024
Mountain View, Calif. - May 15, 2023 - Alphabet Inc...
Industry dynamics 2024-05-24 16:31:02 -
Redmi K80 Series to Offer Significant Battery Upgrade for Uninterrupted Power
The Redmi K series has consistently impressed with its high-performance and value-for-money offerings. However, battery life has been a slight concern on these devices...
Mobile Internet 2024-04-08 16:44:24 -
Major Fund Companies Race into Bitcoin ETF Market via Hong Kong Subsidiaries
As the Bitcoin market flourishes, major fund companies are ramping up their presence to seize the investment opportunity. Notably, several have opted to take an indirect approach by establishing subsidiaries in Hong Kong to apply for and launch Bitcoin ETFs...
Blockchain 2024-04-08 16:38:31 -
Huawei P70 Series Set to Launch This Month with Distinctive Camera Deco Design and More
The highly anticipated Huawei P70 series is poised to hit the market this month, with third-party protective cases now in mass production, offering a glimpse of its design and specifications. Camera Design: Iconic Triangle Deco The protective cases reveal that the Huawei P70 series will feature a distinctive triangular camera Deco design...
Mobile Internet 2024-04-08 16:27:10 -
iPhone Market Share Declines: Analysis of Factors and Impact Assessment
Apple's iPhone has long held a dominant position in the global smartphone market. However, recent market dynamics have shown significant shifts, with the iPhone experiencing a decline in sales...
Mobile Internet 2024-04-08 16:24:18 -
Huawei P70 Series: No Launch Event, Direct Sale via Pioneer Program
As competition in the smartphone market intensifies, Huawei has been looking for innovative ways to gain market share. Their latest move is the Huawei P70 series, which breaks with tradition by being released directly through the Pioneer Program without a formal launch event...
Mobile Internet 2024-04-08 16:18:18 -
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Huawei to Unveil New Products Across Multiple Categories in Upcoming Product Launch Events
Huawei is set to host a series of new product launch events starting on April 8th. The events will be held every evening at 7 pm (UTC+8) and will showcase a wide range of new products across categories such as wearables, home appliances, audio devices, automobiles, and PCs...
Mobile Internet 2024-04-08 16:14:55
