overseas expansion

New Business

Xpeng steps up ‘go global’ drive with Malaysian EV assembly hub for Southeast Asian market

The Guangzhou-based company, 5 per cent owned by Volkswagen Group, said on Monday that it would partner with Malaysian firm…

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New Business

Japan’s budget restaurants, survivors of ‘lost decades’, find fans in China

Students, white-collar workers and families filled the tables during a recent dinner rush at a branch of Saizeriya – a…

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New Business

How is the EV industry driving China’s ‘going global’ strategy?

The electric vehicle (EV) industry, formerly one of China’s most inward-focused industrial sectors, is now leading a push overseas, carrying…

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New Business

Chinese carmaker GAC’s electric-van unit takes aim at Ford and Stellantis in Europe

A commercial-vehicle subsidiary of China’s state-owned carmaker GAC Group has its sights set on Europe, where it hopes its electric…

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New Business

BYD shares nosedive after US$5.6 billion placement announcement

Investors rebuked BYD for its surprise stock placement plan by selling down the shares of China’s biggest electric-vehicle (EV) maker,…

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New Business

How to make it in America: the pressures and pitfalls for Chinese brands going global

When Leo Li Minguang walked into a Zara store for the first time in Japan in 2005, the 32-year-old treasurer…

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New Business

Chinese EV maker Hozon launches latest model to boost sales ahead of Hong Kong IPO

“We feel it safe to say that the new model is worth owning because it will offer customers the best…

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