🚨 For the first time in history, Chinese automakers have outsold their Japanese rivals in Europe over an entire quarter ! 🇨🇳 In September, Chinese brands accounted for 12.7% of European car sales, compared with 11.9% for Japanese automakers, with registrations nearly doubling year-over-year. BYD, Chery, and their competitors are now gaining market share at an extraordinary pace and their success is no longer driven solely by electric vehicles. 📊 In October 2024, the European Union introduced additional tariffs of up to 35.3% on Chinese-made battery-electric vehicles, on top of the standard 10% import duty, but hybrids were not covered. Chinese automakers quickly accelerated their expansion into this segment which is attractive to European consumers who remain hesitant about going fully electric. As a result, their share of European hybrid sales has surged to ~32% while hybrid technology has historically been one of the Japanese auto industry's greatest competitive advantages. 🇪🇺 China is no longer competing with Western automakers solely on price, it is now challenging them directly in their own strategic segments. With highly integrated supply chains, significant expertise in battery manufacturing and the ability to develop new models at remarkable speed, Chinese brands enjoy substantial competitive advantages. Meanwhile, European manufacturers must finance their technological transition while facing increasing pressure on volumes and margins. ⚠️ Brussels is now trying to restrict Chinese hybrid imports but tariffs cannot restore an industry's competitiveness. BYD is already developing manufacturing operations in Hungary, Chery is preparing production in Spain, and Leapmotor is leveraging Stellantis' European factories. If Europe taxes cars manufactured in China, Chinese automakers can increasingly manufacture those same vehicles directly in Europe. ➡️ Europe can keep raising trade barriers but protecting a market has never been enough to make an industry competitive. *Bloomberg link: bloomberg.com/news/articles/…

朋友首发当天就兴冲冲提了iPhone Duo，拆封半小时正划着新系统的手势动画，突然听见机身里传来一声脆得发毛的“咔嚓”，主屏幕下半截直接黑了三分之一，剩下的区域还疯狂闪彩条。 拿去官方售后才傻了眼，非人为摔损的内屏故障，因为机身边框有一道0.1毫米的细微运输划痕，直接被判定不符合免费保修条件，换屏报价直接干到3299。 翻社交平台一搜，已经有二十多个首发用户晒出一模一样的故障，都是没摔没碰，用着用着机身里传出咔嚓声，屏幕直接裂屏黑屏，到现在官方连个公开回应都没有，第一批冲首发的人纯纯当了试错的冤大头。

These are all bus stops in Chongqing. They look like an art exhibition. No wonder the city feels so magical!

This is what Google's AI expansion looks like on the ground 🤬 Forests destroyed, topsoil stripped and brown runoff reportedly flowing into a local stream, all before environmental impact assessments were completed. Finnish authorities had to step in and order work to stop. So much for Google's green credentials. Its sustainability advertising means very little when the reality is this. Corporate hypocrisy at its finest.