China’s Passenger Car Exports to Slow Sharply in 2024, EV Growth Hits Zero, Says Industry Group

China’s Passenger Car Exports to Slow Sharply in 2024, EV Growth Hits Zero, Says Industry Group

China’s EV Exports Face a Slowdown Amid Global Challenges In a surprising turn⁢ of events, China’s electric⁤ vehicle (EV) exports are expected to ⁢hit a standstill this year, with growth ⁢projected to remain at⁣ “zero growth,” according to Cui Dongshu, secretary General ⁢of the China Passenger Car Association (CPCA).This announcement comes despite China’s dominance in … Read more

China Smartphone Exports Plummet 47.4% in November

China Smartphone Exports Plummet 47.4% in November

Apple‘s dominance in the lucrative⁣ Chinese smartphone market is⁣ facing a notable challenge.New data reveals a staggering 47.4% year-over-year drop in foreign-branded smartphone shipments to China during November. This dramatic decline, impacting Apple significantly, underscores the growing headwinds the tech giant ⁤is encountering in its largest overseas market. According ⁢to a report ⁢from the China … Read more

Nvidia’s $2 Trillion Surge: AI Boom Fuels Market Cap Explosion

Nvidia’s  Trillion Surge: AI Boom Fuels Market Cap Explosion

Nvidia’s Stunning ⁣Rise: A $3.28 Trillion market Cap In a stunning display of market dominance,​ semiconductor giant Nvidia (NVDA) experienced explosive growth in 2024, catapulting its market capitalization too an astounding $3.28 trillion by year’s end. This represents a surge of over $2 trillion, solidifying Nvidia’s position as a⁤ leading force in the tech world … Read more