Belt and Road highways, ports and railways also planned, raising local concerns.
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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.
Investors from the Middle East are doubling down on Chinese companies, especially those focused on autonomous driving solutions and new energy vehicles.
From the ancient Silk Road to contemporary high-speed railways, China’s modern iteration of historical traditions is strengthening its ties with Indonesia.
The company remains the global leader in electric vehicle battery manufacturing, but a slowdown in its profit growth suggests that competition is rising and market dynamics are evolving.
Nio is ambitiously racing to redefine the electric vehicle landscape. Will its audacious plan prove too overwhelming, inadvertently plunging it into a cyclical crisis?
Faced with multiple setbacks, Nio must navigate the challenges ahead with little margin for error in order to avoid a repeat of its near-death experience in 2019.