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Hyundai Motor Will Invest US$1.1 Billion In Brazil By 2032
The investment will be shared between Hyundai Motor's Brazilian subsidiary and its local partners, mainly in green and future technologies.
U.S. Electric Car Maker Rivian Announces 10% Layoffs
On February 21, while releasing its fourth-quarter financial report, the American electric vehicle manufacturer Rivian announced that it would suffer a loss of US$5.4 billion in 2023 and plan to lay off 10% of its employees.
ByteDance Moves Employees Overseas At Doubled Salaries
Moving the team overseas is part of an ongoing effort to operate in global compliance and accept local regulation.
Chery Plans To Enter UK Market
Recently, the Financial Times reported that Victor Zhang, head of Chery Automobile UK, said that Chery plans to enter the British market in 2024 and complete the construction of factories in the European market by 2030.
2024 Global New Energy Vehicle Market To Surge, Chinese Brands Claim 78% Share
Canalys' latest report predicts a significant 27% increase in the total number of new energy vehicles globally by 2024, with an estimated 17.5 million units.
NaaS Technology Debuts At CES 2024 With EV Innovations, Pioneering Green Energy Solutions
NaaS, a pioneer in energy asset service, made its inaugural appearance at the CES expo in Las Vegas with a range of cutting-edge innovations.
Shenzhen's 2024 First IPO: RoboSense Debuts In Hong Kong, Valued Near HKD 20 Billion
At the issue price, RoboSense's IPO valuation exceeds HKD 19.3 billion, making it the world's highest-valued laser radar company.
China's Car Exports Leap To World's Top Spot
According to the Nikkei, China's car exports are expected to surpass Japan's for the first time in 2023, making it the global leader. This achievement is largely due to the expansion of Chinese electric vehicle companies in the global market.
Babycare, China's Leading Mother And Baby Company, May Enter Middle East Market
Babycare, a Chinese mother and baby company, has launched its flagship store in the mother and baby area on the second floor of Dubai Nall in Dubai, United Arab Emirates. Previously, it successfully opened two stores in Sharjah and Abu Dhabi.
Alibaba Invested In Lazada Again, Continuing Strategic Expansion In Southeast Asia
Southeast Asia has emerged as an important market for cross-border e-commerce competition.
TikTok To Invest Over EUR 12 Billion In The Next 10 Years To Secure European User Data
Multinational social media companies have made a lot of efforts in user data and privacy protection, which is conducive to integrating into the local market environment and maintaining corporate image.
CATL And Stellantis Group Signed A Strategic MoU To Supply Batteries In European Markets
Chinese and European companies will jointly develop advanced technologies and opportunities for future expansion of the battery value chain, laying the groundwork for further cooperation in the future.
JNBY Design Releases 2023 ESG Report
JNBY Design Limited recently unveiled its "2023 ESG Report," providing a showcase of the company's principles and practical actions in these areas. This report communicates the value and achievements of JNBY's sustainable fashion to the market.
How Did MINISO Open Over 2,000 Stores After Eight Years Of Going Global?
In February of this year, Miniso's first flagship store in China opened on Chunxi Road in Chengdu, and the Miniso Fragrance Museum also officially opened.
China's First Three Quarter GDP Totals CNY 91.3 Trillion, Up 5.2% YoY
It paved a solid foundation for the country to achieve its annual GDP growth target of around 5 percent in 2023. China's retail sales of consumer goods went up 6.8 percent year on year in the first three quarters of 2023.
China's First Hydrogen-Powered Ship Embarks On Its Maiden Voyage
On October 11, China's first hydrogen fuel-powered ship, the "Three Gorges Hydrogen Boat No. 1", set sail from the Three Gorges Tourist Center located at the Ninth Wharf in Wujiagang District, Yichang City.
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