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Exodus of Chinese Tycoons Intensifying Amid Western Isolation of CCP

China's worsening economic decline has large numbers of Chinese tycoons fleeing the country, a result of the West’s . ....

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TrendForce Report: Chip Foundries Face Wave of Order Cancellations

Foundries have smartly reallocated capacity so far this year, but with most shortages now banished that option isn t available. But the most advanced processes, responsible for PC CPUs and GPUs, shoul ....

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Global Micro Control Unit (MCU) Market By Type, By Application, By Segmentation, By Region, and By Country

Global Micro Control Unit (MCU) Market By Type, By Application, By Segmentation, By Region, and By Country
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Keen Insight for Industry Trend: Multi-axis Motion Control Cards Market Value Analysis by 2027

Keen Insight for Industry Trend: Multi-axis Motion Control Cards Market Value Analysis by 2027
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China's powertrain industry should opt for diversified tech route to go electric

China’s powertrain industry should opt for diversified tech route to go electric
Monika From Gasgoo
| December 27 , 2020
Shanghai (Gasgoo)- New energy vehicles (NEVs) and hybrid electric vehicles (HEVs) will each account for 50% of annual new car sales in China by 2035, according to the 2.0 version of Technology Roadmap for Energy Saving and New Energy Vehicles (called “2.0 Roadmap” for short) issued in late October. The target indicates China s resolution to achieve complete electrification across the auto industry.
Certainly, there are multiple tough challenges for the auto powertrain industry amid the transition towards electrification. Limited to the bottlenecks in safety, range, development cost, battery service life and infrastructures, it will still take more time for electric vehicles to be truly popularized. At the China Vehicle Powertrain Electrification International Summit 2020 held by Gasgoo earlier this month, many experts and corporates’ se ....

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