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"China's electric vehicle exports declined significantly in November, driven by tariff challenges in Europe and large declines in shipments to emerging markets. The value of exports fell to $1.58 billion, the lowest level since July 2022. The decline was largely due to the European Union's implementation of tariffs at the end of October, which affected around a quarter of China's electric vehicle exports to the EU. Exports to emerging markets also fell, with declines in shipments to Southeast Asia and Latin America."
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