Li Peng, former head of Great Wall high-end electric vehicle, Jingwei and Zhenge will invest

Chinese Restaurant Brands Going Global: What Keeps Customers Coming Back After the Opening?

How long can the queues outside a brand’s first overseas store last? And how many customers drawn in by the novelty will become regulars? For Chinese restaurant brands expanding internationally, opening a store is only the beginning of the challenge of building a local business and retaining customers.

Hesai Reports ET-Series Lidar Design Wins with Five Automakers

Hesai Group（禾赛科技）said on November 10 that its ET-series main lidar had secured design wins with five automakers, including Cadillac（凯迪拉克）and a leading European carmaker. The company described the combined order book for the programs as exceeding 1 million units.

Jiuri New Materials and Partners Plan Acquisition of Dutch Photoinitiator Business IGM

Jiuri New Materials（久日新材）said on November 10 that it and six co-investors plan to acquire the Dutch holding company behind photoinitiator producer IGM Resins. The transaction has an estimated total purchase price of approximately EUR 251 million, including refinancing and deferred consideration.

Li Auto Signs Partners in Five Asia-Pacific Markets, Plans Right-Hand-Drive MEGA Debut

Li Auto（理想汽车）announced on November 10 that it had signed cooperation agreements with partners in Thailand, Hong Kong, Singapore, the Philippines and Vietnam, expanding its sales network across the Asia-Pacific region.

The All-Electric smart #2 Officially Launches in China

The all-electric smart #2 Premium officially launches in China at an immersive event in Guangzhou, bringing together smart customers, fans and lifestyle partners to celebrate the return of the iconic two - seater. With series production underway, the first smart #2 customer deliveries in China are expected in the coming weeks, with European deliveries planned for 2027.