overseas markets Archives

XPeng Motors Plans to Enter the German, British, French, And Other Markets Next Year

XPeng Motors plans to enter the German, British, French, and other markets next year.

DJI Staff Denies Rumors of Withdrawing from the US Market

On May 17th, in response to recent online rumors such as "DJI refuses to pay fines" and "DJI exits the US market", DJI staff made a clear denial and pointed out that DJI has not conveyed any related information in any official company statement or external communication.

Miniso Focuses on Expanding Its Presence in the American Market

On May 17th, Zhang Jingjing, the Chief Financial Officer of Miniso, a Chinese retailer of household consumer goods, stated in an interview that the US market will be a key focus for future expansion.

Huawei Releases P60 Pro, Mate X3 Smartphones and WATCH 4 Smartwatch in Europe

On May 9, Huawei held a flagship product launch event in Munich, Germany, launching its flagship smartphones Huawei P60 Pro and Huawei Mate X3 on the European market. The firm also launched a flagship smartwatch Huawei WATCH 4 series.

Dyson Sphere: A New Trend in Global Science Fiction! Exclusive Interview with SciFidea’s Chief Editor

Following the unprecedented success of the Chinese science fiction film 'The Wandering Earth 2', a wave of science fiction has swept across China and even the world. Hard science fiction literature and films have garnered the attention of the Asian market, presenting new opportunities for the industry.

Miniso Launches the First New Concept Store in Indonesia

Recently, Miniso opened a new concept store in Indonesia. The total area of the store is nearly 700 square meters, making it the largest store in Indonesia currently.

China’s CATL to Start Construction of Hungary Factory This Summer

Chinese energy battery giant CATL's battery factory in Debrecen, Hungary will officially begin construction this summer, with trial operations starting next year and production beginning in 2025.

BYD Considers Building New Car Battery Factory in Spain

Leading Chinese new energy vehicle maker BYD is considering building a new battery super factory in Spain.

CATL Refutes Claims of Suspending Construction of Battery Factory in Hungary

Rumors have circulated that CATL, China's top power battery manufacturer, faced opposition from Hungarian locals over environmental concerns and that the construction of its second European factory has been halted.

Temu’s Next-Gen Manufacturing Seeks to Drive Down Prices for Consumers by Reducing Waste

Temu has been in the media spotlight since its launch in the US last September. The online marketplace, which is known for its wide selection of quality and affordable merchandise, has since expanded to Canada, Australia, and New Zealand in quick succession.

Gotion Hi-Tech to Set Up Lithium-Ion Battery Joint Venture in Thailand

Gotion Hi-Tech, a leading Chinese battery firm, signed an agreement on December 15 with Nuovo Plus, an energy solutions company under the Petroleum Authority of Thailand, involving the establishment of a joint venture called NV Gotion Co., Ltd.

BYD’s Pure Electric “Dolphin” Sedan Launched in Colombia

Chinese new energy vehicle company BYD announced on December 5 that the company and its partner Motorysa, a Colombian distributor, released a new Ocean series model – the pure electric "Dolphin" sedan.

BYD to Cooperate With Eight NEV Dealers in Mexico

Chinese automaker BYD held a media event in Mexico on November 29, during which the firm's Han sedan and Tang SUV debuted in the country. These vehicle models are expected to be launched in Mexico in 2023.

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.

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