overseas markets Archives

Alibaba Launches E-Commerce Platform Miravia in Spain

Earlier this month, Chinese e-commerce giant Alibaba was reported to be officially launching Miravia, a new e-commerce platform for the Spanish market. A source close to the company confirmed this news.

Alibaba, Tencent and Other Chinese Giants Wound Up in Indonesia

Southeast Asia, as a rapidly developing emerging region, has always been a popular destination for Chinese enterprises to begin their global ambitions. In this region, Indonesia has the largest land area, economic scale and population, so it is often one of the focal points of expanding enterprises.

Aiways Wins Order for 150K EVs From Thai Auto Firm

Chinese new energy vehicle manufacturer Aiways has signed a strategic cooperation agreement with Phoenix Electric Vehicle Co., Ltd., an automotive firm headquartered in Bangkok, Thailand.

Chinese Tea Brands Including Mixue and HeyTea Eye Southeast Asia

With increasingly fierce competition in the Chinese tea-based beverages market, more and more domestic enterprises are turning their attention overseas.

PDD Holdings’ Temu App Said to Consider Canada After September US Debut

PDD Holdings’ US shopping app Temu is planning an expansion into Canada, just months after beginning operations in America.

Geely’s Farizon Auto Small Truck E200S Heads to Chile

Geely-owned new energy vehicle brand Farizon Auto sent a batch of E200S small trucks from Shenzhen Port to Chile on November 10. Followed by Farizon’s vehicle delivery to Costa Rica in June 2022, the shipment marks Farizon’s continuous market expansion in South America.

Chinese Automaker Geely Hits EU Market

Chinese automaker Geely Auto Group entered the EU market by signing an agreement with Hungary's Grand Automotive Central Europe (GACE) on November 4.

NIO to Offer Purchasing Option in Four European Countries from Nov 21

On October 21, Chinese new energy vehicle firm NIO announced that it will offer a purchasing option for its ET7, EL7 and ET5 vehicle models in Germany, the Netherlands, Denmark and Sweden from November 21, to start delivery in early 2023.

BYD Yuan Plus EV Model Released in Colombia

BYD, a Shenzhen-based new energy vehicle giant that has been continuously entering new overseas markets lately, announced on October 20 that its Dynasty series SUV model, the Yuan Plus, has recently been launched in Colombia.

Facing Pressure in China, Tencent Chooses to Increase Overseas Game Business

Faced with the huge uncertainty of the Chinese game industry, the Internet giant Tencent has recently canceled some of its non-core marginal businesses and laid off employees in China while accelerating its investment in the global game industry.

BYD and Santander to Launch Auto Finance Solutions in Brazil

Chinese new energy vehicle and battery giant BYD formally reached a strategic cooperation agreement on October 18 with the Brazilian division of Santander, a leader in the domestic auto finance industry.

BYD Yuan Plus Electric SUV Launched in Mongolia

After commencing vehicle sales in Thailand, Laos, India and Nepal, Chinese new energy automobile giant BYD on October 16 joined hands with Mongolian dealer MSM Group to introduce the BYD Yuan Plus electric SUV to the domestic market.

Chinese New Energy Vehicle Firm NETA Auto Enters Myanmar

NETA Auto, a new energy vehicle brand under Chinese firm Hozon Auto, signed a strategic cooperation agreement with Myanmar Grand Sirius Company Limited (GSE) on October 10, marking its official entrance into the Southeast Asian country.

Thailand Serves as First Stop for Chinese Car Firms in Southeast Asia

With the increasingly clear momentum of industrial chain transfers to Southeast Asia, Chinese firms are also aiming at this emerging regional market that is home to nearly 700 million people, with Thailand as the first stop.

Long-Range BYD Yuan Plus EV Debuts in Thailand

BYD and its Thai partner, Rêver Automotive, held a launch conference on October 10 for the long-range version of the Yuan Plus electric vehicle model, named the ATTO 3 in overseas markets.

BYD Inks Deal With Malaysian Auto Dealer Sime Darby Motors

Chinese electric vehicle manufacturer BYD signed a contract on September 28 with Sime Darby Motors (SDM) Malaysia, reaching a cooperation agreement regarding passenger cars.

German Car Rental Firm Sixt to Buy 100K EVs From BYD

BYD, a new energy giant based in China, announced on October 4 that it has signed a cooperation agreement with Sixt, a leading German car rental company.

NETA Auto Sets Sights on Israeli Market

NETA Auto, a vehicle marque under Chinese firm Hozon Auto, announced on September 28 that it will enter the Israeli market after it signed a strategic cooperation agreement with Blilious Group, Israel's leading distributor.

BYD New Energy Vehicles to Enter Jordanian Market

BYD, a leading Chinese manufacturer of new energy vehicles, announced on September 28 that it has entered into a cooperation with Bustami & Saheb Trading Company (BSTC), Jordan's leading car dealership group.

CATL Wins 10GWh Order for Liquid-Cooling Energy Storage Products

China's leading battery maker CATL announced on September 22 that it has agreed with FlexGen, a US-based energy storage technology company, to supply it with 10GWh of EnerC containerized liquid-cooling battery systems over the course of three years.

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