Founded in 2017, Chinese cosmetics brand Perfect Diary has just obtained USD150 million from a pool mainly composed of American investors. With this new fundraising, the brand, which emerged from the Chinese digital ecosystem, is valued at USD4 billion. Has China finally found its first global beauty brand?
The major difference between these two bikes and more classic electric bikes is the near absence of the elements that usually characterize an electric bike. Thus, no battery is visible, the crankset seems traditional and no indicator or control box is present.
FAW Group (中国一汽) is about to establish a joint venture with Silk EV, a little-known U.S.-based automotive engineering and design company, to build the first Hongqi-branded sports car, reports Xinhua News Agency.
Chinese car producer Geely (吉利汽车) has expanded its range through the development or the acquisition of electric and flying vehicles. The group has answered our questions about its use of composite materials.
Designed and developed in China, Lava Music yet never presents itself as a Chinese brand in its communication and marketing.
British government is in talks with China Railway Construction Corporation company (CRCC, 中国铁建) about putting its HS2 project back on track, reported British newspaper Financial Times. HS2, the UK’s over budget and long delayed high-speed rail line, which will speed from London to the Midlands and the north of England, this month received the go-ahead for the first phase of construction.
Founded in 2006 by a team of five MIT graduates, Terrafugia has struggled to turn its flying car prototypes into production-ready vehicles at an attainable price.
The wide-body Sino-Russian CR929 is not the only aircraft that China’s COMAC wants to use to challenge the Airbus-Boeing duopoly. With the medium-haul C919, the competition on the rising regional flight market will begin sooner than on the long-flights market.
The urgent need to address the challenges of climate change and China’s rapid urbanization involves both the private and public sectors. Projects are developed on the local scale but also planned nationally.
Alain Visser, chief executive of Lynk & Co International, has given interviews lately to the Western trade press. In a context of difficult Chinese car market, he reiterates his objective to expand the brand in Europe and the US with innovative ways of doing business.