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kr-asia.com

Chery to launch new “Yueji” NEV brand, debut model coming by year’s end

...Last October, during an event, chairman Yin Tongyue vowed Chery would... ...The upstart will be overseen by Chery’s Omoda and Jaecoo (O&J) unit... ...According to data from the China Association of Automobile Manufacturers... ...While lucrative, the likes of BYD, Changan Automobile, and Great...

kr-asia.com

Deals in brief: IvyCap Ventures announces final close of third fund, Ion Energy raises USD 3 million, 19 China and India deals, and more | KrASIA...

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Deals in brief: Sfermion and Amber Group lead USD 1.8 million investment in Anichess, 11 China and India deals, and more...

...from Fenbushi Capital, Aspen Digital, SNZ Capital, and other investors... ...Annabelle Huang, managing partner of co-lead investor Amber Group... ...Fund (AEF) Greater Bay Area Fund, which is managed by Gobi Partners... ...The round was led by Plum Ventures....

kr-asia.com

Deals in brief: RayGen and Uncharted secure funding, Temasek and BlackRock close USD 1.4 billion climate fund, Bahrain’s Investcorp teams up with China, and more...

..., with participation from The Spartan Group, Double Peak Group, Devmons... ...Richard Payne, CEO of RayGen, added that the funds will be used to... ...Investors include Allstate, BBVA, Kirkbi, Mizuho Bank, MUFG Bank,... ...China and GCC countries,” said Bin Qi, executive vice president...

kr-asia.com

Global plastic treaty talks could hinge on China pledging to curb plastic production

...last year, Wang Wang, chairman of the China Scrap Plastics Association... ...However, with the Intergovernmental Negotiating Committee (INC) heavily... ...According to the United Nations Environment Programme (UNEP), less... ...According to a report by the Lawrence Berkeley National Laboratory...

kr-asia.com

China's foreign automotive joint ventures lose luster under EV onslaught

...Dongfeng Motor Group, a core Hong Kong-listed arm of state-owned... ...Dongfeng Motor Corp., reported a net loss for last year, its first... ...Lou Jia, an analyst at BOCI Research, a unit of Bank of China, said... ...of Fiat Chrysler Automobiles and France’s Groupe PSA, also pulled...

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Japan to collaborate on Chinese payment services with joint QR code | KrASIA

...Yoshio Fukuda, general director of the Payments Japan Association... ...Yoshio Fukuda (YF): Code payment services are now available from... ..., Singapore, Malaysia, Thailand, and India.... ...Preparations are underway with eight countries, including Indonesia, Cambodia...

kr-asia.com

Huawei building vast chip equipment R&D center in Shanghai | KrASIA

...of the Netherlands and Japan’s Nikon and Canon.... ...Huawei Technologies is building a massive semiconductor equipment... ...Huawei said it had no comments in response to Nikkei Asia’s request... ...No days off at all,” one Chinese chip engineer told Nikkei Asia....

kr-asia.com

Deals in brief: BillEase and Prep secure funding, Malaysia’s Khazanah Nasional initiate MYR 3 billion fund with two partners, Thunes to acquire Tilia, and more | KrASIA...

..., has secured USD 5 million from Saison Investment Management Private... ...Kosuke Mori, CEO of Saison International, expressed his optimism... ..., Arcane Group, Spartan Group, Foresight Ventures, HashKey Capital... ...(KWAP) and Blue Chip Venture Capital, collectively committing MYR...

kr-asia.com

Deals in brief: Toku to acquire AiChat, Strativity Group bought by UST, ADQ and OIA launch new fund to stimulate MENA tech innovation, and more | KrASIA...