Can China’s NEV boom keep its charge in 2025? | KrASIA
Dec 20, 2024 · 36Kr has obtained preliminary 2025 sales forecast guidelines for several new energy vehicle (NEV) manufacturers from industry insiders:. Nio is aiming to double its sales in 2025, according to CEO William Li, a goal corroborated by industry sources. The Onvo brand is expected to contribute approximately 240,000 units. From January to November this year, Nio and Onvo delivered a combined ...
How Miniso’s global expansion and IP strategy are driving record ...
Sep 30, 2024 · With over 7,000 stores worldwide, Miniso saw record profits in the first half of 2024, driven by its overseas expansion and strategic use of IP partnerships.
CATL launches advanced battery lineup to electrify heavy-duty …
Nov 27, 2024 · CATL’s experience in the passenger EV segment laid the groundwork for its commercial vehicle strategy. In China, CATL holds a 50.73% market share in engineering machinery batteries, while globally, its share stands at 30%, making it an industry leader.
Molly Tea isn’t rushing into China’s tea wars—could that be the …
Oct 10, 2024 · For now, Molly Tea seems well-positioned to continue its cautious expansion, with Zhang eyeing both domestic and international growth. But as China’s tea market becomes increasingly saturated and the novelty of new-style tea wears off, the real challenge will be maintaining consumer interest.
Northvolt’s fall: How hubris and blunders shattered Europe’s …
Dec 18, 2024 · European manufacturing has long been synonymous with precision and superior quality. Historically, its deliberate pace ensured reliability, but in today’s fast-moving automotive industry, speed has become the ultimate competitive advantage.
Game studios turn to Unreal Engine 5 as proprietary tools fall from ...
Jan 7, 2025 · Even top-tier studios are embracing third-party engines like Unreal Engine 5 to address the evolving demands of modern game development. In recent years, the gaming industry has witnessed a significant shift: AAA game developers are increasingly partnering with third-party commercial engines. At the ...
Meituan’s Xiaoxiang Supermarket makes global debut, starting in …
Dec 17, 2024 · Just three months after Keeta went live in Saudi Arabia, Meituan has further extended its international footprint.. 36Kr has learned from sources that Meituan’s Xiaoxiang Supermarket has officially begun its international expansion, starting with Saudi Arabia. The initiative is led by Liu Wei, a long-time Meituan executive who previously oversaw operations for Kuailv, Meituan Youxuan’s ...
From roadside stand to a global franchise: The rise of Mixue
Jul 25, 2023 · In the summer of 1997, Zhang Hongchao, armed with a meager capital of RMB 3,000 (USD 460), embarked on a journey that would lead to the creation of Mixue Bingcheng, a global chain of fresh ice cream and tea stores.Zhang Hongchao, together with his younger brother Zhang Hongfu, evolved from running a roadside ice stall in Zhengzhou, a city of 10 million people, to commanding a business empire ...
From Fila to Descente: How Anta’s global play is reshaping the ...
Sep 13, 2024 · “Although the consumer market faces challenges, we remain confident about the future. The board has approved a share repurchase plan. Over the next 18 months, we’ll allocate up to HKD 10 billion (USD 1.3 billion) to buy back shares, boosting shareholder returns and creating long-term value.”
After 33 years, McDonald’s is finally accelerating its ... - KrASIA
Feb 14, 2024 · McDonald's wants to boost its presence in China from 6,000 to 10,000 stores by 2028, but faces competition from another global fast food chain with a broader footprint.