Factory utilization for new energy vehicles has dropped to 50%, far below the breakeven point. NewsChina’s EV overcapacity spurs global fears of more price cuts3 mins read
Bringing you the latest updates on funding deals and activities in the Asia Pacific. NewsDeals in brief: SeaTown to invest in Linnovate Partners, South Korea’s DeepX completes Series C round, Tjufoo and Sinbad set to merge, and more4 mins read
Chery’s chairman has promised a surge of electric vehicle models over the next 20 months, hinting at an ambitious expansion. NewsChery unveils the Sterra ET, highlighting bold EV ambitions3 mins read
WorldFirst’s enhanced solutions underscore its commitment to facilitating international growth for businesses, irrespective of size, scope, or geographical location. FeaturesWorldFirst upgrades payment and financial solutions to better serve merchants venturing overseas4 mins read
Bringing you the latest updates on funding deals and activities in the Asia Pacific. NewsDeals in brief: Gapai and Elevarm secure seed funding, Rize bags USD 14 million, nine China deals, and more4 mins read
Rising logistics costs and heightened competition are increasing the strain on cross-border furniture businesses like Ziel. InsightsAre furniture exports still a lucrative business?7 mins read
The homegrown tech champion’s first-quarter shipments surge 70% at home amid US blacklisting. NewsHuawei retakes crown in China handset market as Apple sinks to fifth3 mins read
Despite the recent success of the iCar 03, Chery still has more ground to cover if it intends to catch up with its NEV competitors. InsightsChery must shed its “old shell” to lead the NEV race4 mins read
Bringing you the latest updates on funding deals and activities in the Asia Pacific. NewsDeals in brief: Matrak and Runchise secure funding, Earth VC invests in YC-backed HyLight, three major China deals, and more4 mins read
Bringing you the latest updates on funding deals and activities in the Asia Pacific. NewsDeals in brief: NSG BioLabs bags USD 14.5 million, SoftBank leads Wayve’s Series C round, 12 China and India deals, and more5 mins read
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