KrASIA Connection

Luckin Coffee has achieved significant revenue growth through an aggressive store expansion strategy, but sustaining further growth may necessitate a different approach.

Xpeng Motors surprised attendees at its Tech Day event this year by introducing a humanoid robot model, while also showcasing an array of vehicle intelligence features.

Companies seeking innovative ways to create value and unlock new revenue streams can find inspiration in Shein, particularly in its application of artificial intelligence to business scenarios.

To secure a position in the final race, Nio has ultimately resorted to reducing its workforce, though not as the sole measure.

Chinese conglomerate Erdos Group led the investment, financing KargoBot’s transformation into an independent entity to strengthen its alignment with the long-haul logistics sector.

Nio’s solution involves refining the traditional production line model to strike a balance between product customization and mass production capacity.

The Chinese electric vehicle manufacturer aims to deploy its advanced driver assistance system throughout mainland China by the end of 2024, with European market introduction to follow.

When technological advancements and market fluctuations run in parallel, challenges are present, but so are opportunities. The global energy storage markets exemplify this.