Chinese beverage giant Mixue Group is entering the craft beer market by acquiring a majority stake in a fast-growing brewer founded by its chief executive’s wife, a move designed to create a new growth engine as its core tea-drink business slows. Mixue Group, known for its low-

Chinese battery storage unicorn Hithium Energy Storage Technology is facing a severe test of its rapid global expansion strategy, encountering a confluence of setbacks that includes a lapsed Hong Kong IPO, a patent war with industry giant CATL, and the sudden collapse of a key U.S. client. The latest

Shares of NIO Inc. plunged after news of a lawsuit from a regional sovereign fund revived investor concerns over the accounting practices for its innovative battery-leasing business, placing the electric-vehicle maker’s unique sales strategy back under a microscope. The U.S.-listed stock of the Chinese automaker

Zhejiang Leapmotor Technology is intensifying the brutal price war in China’s electric vehicle market, unveiling a flagship SUV packed with high-end technology and a massive battery at a price point that undercuts premium rivals. The company launched its D19, a full-size sport utility vehicle, at an event

Looks like NIO’s facing more than just slowing EV sales! Singapore’s sovereign wealth fund, GIC, has officially sued the Chinese electric vehicle maker in a U.S. court, claiming NIO inflated its revenues and misled investors.

Chinese scientists have announced a series of notable advancements in solid-state battery technology, addressing critical challenges that have hindered its widespread adoption. These breakthroughs could potentially double the driving range of electric vehicles, with researchers suggesting a 100-kilogram battery pack could one day power a car for over