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In recent years, the automotive industry has witnessed a paradigm shift towards sustainability, driven by the increasing urgency to combat climate change and reduce carbon emissions. Among various solutions, the emergence of 8% passenger vehicles—those that achieve at least 8% improvements in fuel efficiency or emissions standards—has caught the attention of both manufacturers and eco-conscious consumers. This article explores the significance of this automotive trend, its benefits, and the potential impact on the market.


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The global expansion of Chinese construction equipment manufacturers can also be attributed to their proactive approach to mergers and acquisitions. By acquiring established brands in different regions, Chinese companies have not only enhanced their technological capabilities but also gained instant access to new markets. For example, SANY's acquisition of Germany-based Putzmeister allowed it to harness advanced German technology while expanding its reach into the European market.


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