Wanhua chemical: the listing price of pure MDI in China increased in March

Chassis Supply Chain's "iPhone Moment": China's Tier 1 Shift as LeeKr Emerges

Over the past decade, China's electric vehicle (EV) industry has evolved from a niche experiment into a leading force in the global automotive landscape. In the first ten months of 2025, China exported over 2 million EVs, nearly double the year-earlier figure. From European city streets to Southeast Asian highways and Latin American urban centers, Chinese EVs have emerged as one of the most prominent symbols of a new era of “Made in China.”

Toyota Partners with Chinese battery giant CATL (宁德时代) for localized battery production in Indonesia, aiming to build ASEAN EV hub

On April 20, Toyota Motor Manufacturing Indonesia (TMMIN) and CATL (宁德时代) officially announced a strategic partnership in Jakarta to promote the localized production of Hybrid Electric Vehicle (HEV) batteries in Indonesia. The project involves a total investment of approximately 1.3 trillion IDR (approx. 76 million USD; Note: original reports of 13 trillion IDR were corrected by the Jakarta Post to 1.3 trillion IDR, primarily for production equipment).

Chinese technology enterprise Dreame (追觅科技) reports eight consecutive years of doubled revenue, leading market share in over 30 countries

On April 20, Yu Hao (俞浩), founder and CEO of Dreame Technology (追觅科技), shared his unique business philosophy in an interview. He revealed that since its founding in 2017, Dreame has achieved an average annual revenue growth of 100% for eight consecutive years. By the end of 2025, Dreame’s products reached 120 countries and regions, securing the No. 1 market share in the robotic vacuum segment across more than 30 countries, including Germany, Italy, and Singapore.

Chinese smartphone manufacturer OPPO Find X9 Ultra makes global debut, penetrating Europe’s high-end market and entering Mongolia

On April 21, OPPO officially announced that its top-tier flagship Find X9 Ultra series will be launched outside of China for the first time, reaching 26 countries and regions simultaneously. The initial rollout includes core markets such as Spain, Italy, the UK, France, Sweden, and Singapore.

Chinese tech giant ByteDance (字节跳动) Reportedly Sees Overseas Revenue Share Surpass 30% for First Time in 2025; Net Profit Plummets 70% Due to Massive AI Investment

On April 20, it was reported that ByteDance's (字节跳动) overseas revenue recorded strong growth of nearly 50% in 2025, significantly outperforming the approximately 20% growth seen in its domestic revenue. This shift has pushed the share of overseas revenue from 25% in 2024 to over 30%, a historic high for the company.