03:18 PM
Aeon Group (永旺集团) will partner with BYD (比亚迪) in 2025 to sell electric vehicles across Japan, setting up BYD zones in about 30 malls and supermarkets through a store-in-store and online–offline model. BYD models will start at around JPY 2 million (≈ RMB 95,000), offering a clear price edge over local competitors. BYD plans to expand to 100 dealerships nationwide by 2025, while Aeon will align its retail presence to boost coverage—marking the first entry of a Chinese EV brand into Japan via a major retail group.
03:14 PM
On October 29, LEPAS, the new energy brand under Chery Group (奇瑞集团), signed a distribution agreement with the Al Ghurair Group, officially entering the UAE market—a key gateway for Chinese EV brands expanding globally. LEPAS will leverage Al Ghurair’s local sales and service network to build a complete distribution and after-sales system, offering consumers elegant and reliable electric mobility. At the 2025 Chery International User Summit, where Ban Ki-moon praised its sustainability vision, LEPAS showcased the L8, L6, and L4 models. Designed for the Middle East climate, the L8 features heat-insulating glass and rapid cooling, enhancing comfort and adaptability. The partnership strengthens LEPAS’s presence in the region and advances Chinese NEV globalization.
03:12 PM
On October 29, BYD (比亚迪) released official images of its first pure-electric K-Car model “RACCO” (海獭) designed for the Japanese market, with sales set to begin in summer 2026, marking BYD’s deeper entry into Japan’s mini EV segment. The RACCO adopts Japan’s signature K-Car design—a compact, boxy body featuring four doors and sliding rear doors for urban practicality. Measuring 3,395 × 1,475 × 1,800 mm, it accommodates four passengers. Powered by a front-wheel-drive system and a 20 kWh LFP (lithium iron phosphate) battery, it offers a WLTC range of about 180 km and supports 100 kW fast charging. Priced around JPY 2.6 million (≈ RMB 121,000), the RACCO will directly compete with Sakura, currently Japan’s best-selling mini EV.
03:08 PM
On October 31, Pop Mart (泡泡玛特) opened its first Middle East store at Hamad International Airport in Doha, which is also the brand’s first 24-hour global retail outlet, marking a milestone in its regional expansion. Located near Gate C18, the 100 m² store integrates Middle Eastern design with modern pop culture, offering an immersive and interactive shopping experience. Wen Deyi (文德一), Co-COO of Pop Mart International Group, said the “7×24” nonstop model is both a retail innovation and a way to build an emotional link with global travelers. He added that the Middle East’s cultural depth and young consumers make it an ideal market to explore new travel-retail opportunities and advance Pop Mart’s globalization strategy.
03:57 PM
At 11:00 a.m. on October 28, Keeta — Meituan’s international food-delivery brand — launched in Abu Dhabi, after entering Dubai last month, completing coverage of the UAE’s two major cities and strengthening its Middle East footprint. Abu Dhabi’s advanced digital infrastructure and high food-delivery penetration make it a high-value market, and Keeta will continue offering reliable delivery, diverse choices, and competitive pricing while supporting local merchants and riders. Since entering Saudi Arabia in 2024, Keeta has expanded to 20+ Saudi cities and then to Qatar, Kuwait, and the UAE, advancing its “four-country linkage” strategy and showcasing Meituan’s “Retail + Technology” model in overseas markets, with further Gulf expansion planned.
03:41 PM
On October 28, Bama Tea Co., Ltd. (八马茶业) was officially listed on the Hong Kong Stock Exchange, marking a major milestone in the standardization and branding of China’s tea industry. The IPO was heavily oversubscribed — 2,684 times in retail tranche — and priced at HKD 50 per share. On its first trading day, the stock surged 73% to HKD 86.5 at open, pushing the company’s market capitalization beyond HKD 7.35 billion. Founded 28 years ago, Bama Tea has leveraged its nationwide retail network and premium brand positioning to stand out in China’s traditionally fragmented “large industry, small enterprises” tea market, demonstrating a robust business model and strong growth potential.
03:40 PM
On October 29, 2025, SANY Heavy Industry (6031.HK) was officially listed on the Hong Kong Stock Exchange Main Board, marking a new phase in its globalization. After debuting on the Shanghai Stock Exchange in 2003, the company has now completed dual A+H listings. SANY issued about 632 million H-shares (including a 15% over-allotment option) at HKD 21.30 per share. The IPO attracted 21 cornerstone investors subscribing to USD 759 million, including Temasek, BlackRock, Hillhouse, UBS Asset Management, LMR Partners, and Oaktree Capital Management, reflecting strong global confidence in SANY’s long-term growth and international strategy.
05:11 PM
QCraft debuted at the 2025 Japan Mobility Show (49th Tokyo Motor Show), presenting its first mature L4 autonomous products for Japan — the Robobus and its full-stack autonomous driving solution — signaling the start of its commercial rollout in the country. "Our choice of Japan reflects both its enthusiasm for new technology and its strict safety and quality standards," said Yu Qian, Co-Founder and CEO of QCraft. "We are not showing a concept, but a commercially ready solution that has been extensively validated and can support Japan's smart mobility development." QCraft will partner locally to offer Japan’s first professional after-sales services for L4 autonomous products, filling a key market gap.
05:06 PM
On October 28, smart-tech brand Dreame (追觅) announced its official entry into the smart-ring market with the debut of its first wearable device, the Dreame Ring, priced at RMB 2,599. The product focuses on sleep-health monitoring, air-gesture interaction, and vibration notifications. Made of ceramic and measuring only 2.5 mm thick, the Dreame Ring is 5 ATM water-resistant and supports call alerts, silent alarms, and message notifications. It also features sleep tracking, activity tracking, and women’s health monitoring. The ring itself offers up to seven days of battery life, while the charging case extends endurance to 150 days, delivering one of the longest battery performances in its class.
On October 28, XPeng Motors (小鹏汽车) released its overseas performance for January–September 2025. The data show that the company delivered 29,706 vehicles overseas, a year-on-year increase of more than 125%, underscoring its strong global expansion momentum. Currently, XPeng has entered 10 countries, including Denmark and Norway, ranking first among Chinese new-energy vehicle startups in overseas sales. In September, XPeng achieved monthly EV sales leadership among Chinese emerging brands in Singapore, Malaysia, Thailand, and Indonesia, marking notable progress in its Southeast Asian expansion.
04:38 PM
On October 23, 2025, Geely Auto (吉利汽车) launched the EX5 International Edition in the United Kingdom, marking its official market entry. The intelligent electric SUV reflects Geely’s European EV ambitions and commitment to sustainability. The company aims for 100,000 annual UK sales by 2030 and 100 outlets by 2026. Jerry Gan (淦家阅), CEO of Geely Auto Group, said the move is a key milestone in Geely’s European strategy, ushering in a new era of electric mobility and reinforcing its mission to deliver practical, innovative, and sustainable products worldwide.
04:36 PM
On October 25, market sources revealed that ByteDance (字节跳动) is preparing to launch a new overseas gaming platform called “GameTop.” Positioned similarly to Steam, the platform will target international users, aiming to deliver a personalized gaming experience while integrating game creation and social features. According to reports, GameTop will aggregate various popular game titles and provide creative tools for developers, enabling them to design and publish their own games. Players will be able to share guides, exchange experiences, and participate in a user growth and reward system designed to boost engagement and community stickiness. Industry observers view this as a significant move by ByteDance to expand its global gaming ecosystem.
06:15 PM
JAC Group (江汽集团) and CATL (宁德时代) signed a long-term strategic cooperation agreement on October 25 in Hefei, Anhui Province. The ceremony was attended by JAC Chairman Xiang Xingchu (项兴初) and CATL Chairman Robin Zeng (曾毓群). Representatives Ma Cuibing (马翠兵) from JAC and Luo Huiping (罗慧萍) from CATL signed the agreement. Both sides will strengthen collaboration based on JAC’s “integration and concentration” supply chain strategy, pursuing long-term cooperation to leverage industrial advantages, enhance resource synergy, and jointly promote high-quality development of the new energy vehicle (NEV) industry chain.
06:07 PM
Chinese automaker Jetour (捷途) unveiled its new T-Series SUVs — the T1 and T2 — at a grand launch event in Cape Town, South Africa, last Friday evening. The event drew strong attention from local consumers and highlighted the growing influence of Chinese car brands in the South African market. Held in downtown Cape Town, the launch attracted hundreds of guests from local media, dealerships, business partners, and communities. Jetour (捷途) announced that both models will be officially launched across Southern Africa in mid-November, distributed through a network of more than 55 dealerships across the region.
06:06 PM
On October 24 (local time), autonomous driving technology company WeRide (文远知行) and Uber jointly announced the official launch of Robotaxi public operations in Riyadh, the capital of Saudi Arabia. This marks the first time autonomous vehicles have been integrated into the Uber App, and represents a major milestone in the collaboration between WeRide, Uber, and the Transport General Authority to advance the commercialization of autonomous driving. The project will contribute to achieving the smart and sustainable mobility goals outlined in Saudi Arabia’s Vision 2030, signifying a significant step forward for Chinese autonomous driving technology in the Middle East market.
08:01 PM
On the evening of October 23, Anhui Shiny Electronic Technology Company Limited (英力股份, 300956.SZ) announced it will inject RMB 150 million of self-owned funds into its wholly owned Singapore subsidiary YINARA GROUP PTE. LTD. to invest in and establish Yinara Saudi Co., Ltd. (沙特英纳拉有限公司) in Saudi Arabia. The new entity will focus on R&D and manufacturing of server chassis, cabinets, cooling modules, and photovoltaic energy-storage systems. The company said the move will help diversify trade risks and enhance resilience. Currently, overseas revenue accounts for 72.69% of total revenue, and manufacturing bases have been deployed in the United States and Vietnam. The Saudi plant’s launch signals a further expansion of the company’s overseas manufacturing network.
11:57 AM
On October 23, JD.com (京东), together with CATL (Contemporary Amperex Technology Co., Limited, 宁德时代) and GAC Group (Guangzhou Automobile Group Co., Ltd., 广汽集团), officially unveiled their jointly developed model, the “AION UT super.” The new vehicle offers a 500 km driving range and a 2,750 mm wheelbase, becoming the world’s first model equipped with the “GAC Huawei Cloud Cockpit” system. According to JD.com, the car also features the segment’s only “Reverse Sentinel”function, which enables automatic braking when obstacles are detected, highlighting its intelligent safety performance.
11:52 AM
CHAGEE (霸王茶姬) has opened its largest Malaysian store in Bukit Bintang, the core commercial district of Kuala Lumpur, attracting thousands of new members within the first three days. On the same day, another flagship outlet opened in Mid Valley, bringing the brand’s total store count in Malaysia to over 200. The Bukit Bintang store spans two floors, combining leisure and co-working spaces, and has quickly become a popular local destination. Since entering Malaysia in 2019, CHAGEE has become deeply integrated into local life and was recognized by the Malaysia Tourism as “part of the city experience.”Additionally, the brand has opened its largest store in Manila, the Philippines, and co-launched the new product “Green Grape Milk Tea (青玉香提)” with Pop Mart (泡泡玛特) in Malaysia and Singapore.
05:05 PM
On October 22, Apollo Go (萝卜快跑), the autonomous ride-hailing brand under Baidu (百度), announced a strategic partnership with PostBus, the public transport operator of Swiss Post, to jointly launch “AmiGo”, an autonomous mobility service. This cooperation marks the first deployment of a Chinese autonomous ride-hailing service in Switzerland, earning official recognition and support from both cantonal and federal authorities. It also signifies the official entry of Chinese autonomous-driving technology into Europe, a market renowned for its rigorous safety and regulatory standards.
Chinese lithium battery module manufacturer Gushine Electronics (古鑫电子) has officially commenced operations at its new production base in Hai Phong Province, Vietnam. Covering approximately 22,000 square meters, the facility is designed to reach an annual capacity of 3.6 million battery modules in its first phase, with projected annual output value exceeding RMB 300 million. The project marks a major step in Gushine Electronics’ global manufacturing expansion, injecting new capacity and technological momentum into the Southeast Asian new energy supply chain.