China's New Energy Vehicle Industry: A Decade of Boom and Bust, From Garage Startups to Oversupply
China's New Energy Vehicle Industry: A Decade of Boom and Bust, From Garage Startups to OversupplyIn 2014, XPeng Motors started in an air-conditioned-less garage, a stark reflection of the nascent challenges faced by China's new energy vehicle (NEV) industry. Founder He Xiaopeng even insisted employees wear tank tops to work, prompted by a female job applicants attire...
Tech >>
Ant Group Powers the Greater Bay Area's "One-Hour Living Circle" and Fuels Global "ChinaTravel Boom"
Ant Group Powers the Greater Bay Area's "One-Hour Living Circle" and Fuels Global "ChinaTravel Boom"Rapid advancements in digital technology are reshaping the Greater Bay Area (GBA), fostering a more convenient "One-Hour Living Circle." At the 2024 World Internet Conference's "GBA Internet Development Forum," Li Yongshi, General Manager of Ant Group's Greater China region, highlighted the company's significant progress in promoting GBA interconnectivity and enhancing payment convenience for foreign visitors to China, injecting new vitality into the global "ChinaTravel boom...
Tech >>
Li Jiaqi's Livestream Double 11 Report: Domestic Brands Surge, Winter Warmer Economy Booms
Li Jiaqi's Livestream Double 11 Report: Domestic Brands Surge, Winter Warmer Economy BoomsAs the 2024 Double 11 shopping festival concluded after nearly a month of intense promotions, this annual consumer extravaganza once again showcased the strong market vitality and consumption potential of China. On November 12, Meiwang, the company behind Li Jiaqi's livestream, revealed that this year's Double 11 saw nearly 1,700 brands participate in his livestream, a nearly 20% increase year-on-year...
Tech >>
Quan Hongchan Returns From Paris Olympics, Buys a Phone for Her Mom: Full of Filial Piety, Popularity Booming!
Quan Hongchan Returns From Paris Olympics, Buys a Phone for Her Mom: Full of Filial Piety, Popularity Booming!On August 22nd, Quan Hongchan, the diving champion of the Paris Olympics, returned to Guangzhou and attended the Guangdong Province's Paris Olympics commendation event. Despite a packed schedule, Quan Hongchan still remembered to pick out gifts for her family...
Tech >>
Rollover: Following the Tianjin Scholarship Incident, the internet's boomerang was mercilessly hit
Would you sponsor someone who drives a Ferrari for transportation, or takes Hermes just to pack things, or says in the desert that they are thirsty but take all the water to wash their feet?No normal person would know.The incident of Tianjin student aid being denied may be just such a farce...
Tech >>