{
}
Global renewable energy capacity surged by 585 GW in 2024, marking a record growth rate of 15.1%, yet still falling short of the 11.2 terawatts needed by 2030. Solar and wind dominated the expansion, with solar capacity alone increasing by 32.2%, driven primarily by China and India.IRENA emphasized the urgency for annual additions exceeding 1,120 GW to meet climate goals, while UN Secretary-General Antonio Guterres highlighted the economic and environmental benefits of this transition.
Venture capitalists face the challenge of managing relationships with numerous limited partners (LPs), often juggling between 25 to 49 LPs for funds of US$1 million to US$10 million. Effective communication strategies and delivering value beyond financial returns are crucial for maintaining these investor relationships.In other news, Samsung has been ordered to pay US$601 million in back taxes in India due to alleged tariff violations, while BMW partners with Alibaba to develop an AI engine for future vehicles. Additionally, several startups have secured significant funding, including Apna Mart with US$25 million and TARS with US$120 million.
KargoBot showcased its L4 autonomous convoy technology at the Huawei Partner Conference 2025, emphasizing advancements in vehicle-road-cloud integration for trunk logistics. Dr. Wang Ke highlighted the technology's ability to enhance data exchange and reduce energy consumption by up to 10%, while also cutting labor costs by 80%. The partnership with Huawei aims to accelerate the deployment of autonomous solutions, setting a benchmark for digital transformation in logistics.
Huawei is set to launch its most affordable electric vehicle brand, “Shangjie,” in partnership with SAIC Motor on April 10th. This new brand will focus on mid-to-large SUVs priced between 150,000 to 200,000 yuan, targeting younger consumers with a strong emphasis on value and advanced technology. The first model is expected to integrate Huawei’s electric vehicle architecture and autonomous driving systems, leveraging SAIC’s existing platforms.
BYD aims to boost its overseas electric vehicle sales to over 800,000 units by 2025, as stated by chairman Wang Chuanfu. To mitigate tariff issues, the company plans to assemble vehicles locally while sourcing key components from China and is expanding into markets like Latin America, Southeast Asia, and Britain. Factories are being established in Brazil, Thailand, Hungary, and Turkey, but BYD will not enter the US or Canada due to tariffs.
Guangzhou Automobile Group (GAC) has denied rumors that its new subsidiary, Huawang Auto, formed in partnership with Huawei, will acquire Evergrande NEV's Nansha plant. GAC clarified that there have been no discussions regarding the purchase, emphasizing that Huawang Auto will focus on utilizing existing production capacity and leveraging Huawei's expertise in product development and marketing. The new luxury intelligent NEV brand is set to launch soon, with the first model priced around CNY300,000.
Chinese AI firm SenseTime Group Inc. reported a net loss of 4.3 billion yuan (US$592 million) for 2024, surpassing analyst estimates of 4 billion yuan (US$550 million). Despite this, revenue grew by 11% to 3.8 billion yuan (US$523 million), driven by strong performance in its generative AI segment, which saw triple-digit growth for the second consecutive year. The company plans to cut costs related to large model training and inference in anticipation of growth in large model applications.
Morgan Stanley has revised its USD/yuan projection to 7.35 by mid-2025, down from 7.5. The bank emphasizes that currency strength is crucial for the performance of Chinese equities, especially in offshore markets, as a stronger yuan can encourage foreign investment.
Huawei Cloud hosted its Asia-Pacific Forum, unveiling six collaborative initiatives to support Chinese enterprises expanding in the region, which is now their largest market outside China. The forum highlighted the importance of understanding local markets and leveraging technology for successful globalization. With a commitment of USD10 million for the "Asia-Pacific Acceleration Program," Huawei aims to empower businesses through strategic consulting, solution development, and co-marketing initiatives.
Nestlé S.A., the world's leading food group, reports its sales breakdown by product family: powdered and liquid beverages (26.9%), pet food (20.7%), pharmaceutical and nutrition products (16.6%), prepared dishes and seasonings (11.7%), dairy and ice creams (11.4%), chocolates and cookies (9.2%), and packaged waters (3.5%). Geographically, sales are concentrated in the United States and Canada (35.2%), followed by China (5.9%), Brazil (4.4%), and several European countries, with Switzerland at 1.2% and the UK at 4%.
Chinese Yuan
Currency
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
global renewable energy capacity surges by 585 gigawatts in 2024
United States Dollar
Euro
Chinese Yuan
International Renewable Energy Agency IO
USA
TUR
IDN
NZL
CHN
FRA
IND
Francesco La Camera
Mukhtar Babayev
António Guterres
Show more
10:30 27.03.2025
navigating investor relations in venture capital and recent industry highlights
United States Dollar
Indian Rupee
Chinese Yuan
PT XL Axiata TBK
Samsung Biologics Co.,Ltd.
Adrianto Djokosoetono
Kevin Brockland
Roy Zur
Show more
10:30 27.03.2025
KargoBot unveils L4 autonomous convoy technology at Huawei conference
08:36 27.03.2025
Huawei and SAIC to Launch Affordable EV Brand Shangjie in April
07:04 27.03.2025
BYD aims for 800000 overseas electric vehicle sales by 2025
06:55 27.03.2025
GAC denies rumors of acquiring Evergrande NEV's Nansha plant amid new venture
Chinese Yuan
United States Dollar
Huawei Technologies CO. Ltd.
Guangzhou Automobile Group Co., Ltd.
CHINA EVERGRANDE GROUP
CHN
HKG
Show more
06:54 27.03.2025
SenseTime reports significant loss despite revenue growth in generative AI segment
06:10 27.03.2025
Morgan Stanley revises yuan forecast to 7.35 boosting China equity outlook
02:52 27.03.2025
huawei cloud launches initiatives to support chinese enterprises in asia pacific
Singapore Dollar
Chinese Yuan
United States Dollar
Thai Baht
SGP
THA
IDN
HKG
MYS
CHN
Shou Dong
Samson Cheung
Jacqueline Shi
Xiaoxuan Jin
Haifeng Shang
Bi Peng
Cai, Yi
Jennifer Zhang
Tian Ye
Show more
02:32 27.03.2025
nestlé maintains leading position in global food market with diverse product range
Mexican Peso
Chinese Yuan
United States Dollar
Brazilian Real
Euro
Nestlé S.A.
PHL
MEX
CAN
CHL
BRA
CHE
CHN
IND
FRA
AUS
GBR
DEU
USA
Show more
16:59 26.03.2025
Trending
Subcategory
Stock Market Updates
Corporate News
Industry Trends
Global Trade Developments
Global Financial Events
Finance Mergers & Acquisitions
Banking Regulations
Retail and Consumer Goods
Startups & Entrepreneurship
Central Bank Actions
Industry Mergers & Acquisitions
Inflation and Monetary Impact
Market Analysis and Predictions
CEO Changes
Government Economic Policies
Government Policies
Domestic Politics
Workplace Trends
GDP Growth & Recession Forecasts
Financial Scams and Security
Countries:
Companies:
Barclays PLC
Apple Inc.
JPMorgan Chase & Co.
Tesla, Inc.
Deutsche Bank Money Market PP
The Goldman Sachs Group, Inc.
Credit Suisse Strategic Income I
Berkshire Hathaway Inc.
Banco Santander, S.A.
SpaceXCoin USD
Bank of America Corporation
UBS Group AG
Lloyds Banking Group plc
Morgan Stanley
Amazon.com, Inc.
Wells Fargo & Company
BNP Paribas SA
NVIDIA Corporation
Bank Frick AG
Royal Bank of Canada
Currencies:
United States Dollar
Euro
British Pound Sterling
Swiss Franc
Japanese Yen
Indian Rupee
Chinese Yuan
Vietnamese Đồng
South Korean Won
Canadian Dollar
Australian Dollar
Thai Baht
New Taiwan Dollar
Singapore Dollar
Indonesian Rupiah
Mexican Peso
Cambodian Riel
Russian Ruble
Hong Kong Dollar
Offshore Chinese Yuan
People:
Donald Trump
Elon Musk
Warren Buffett
JD Vance
Sergio Ermotti
Mark Haefele
Robin Leopold
Olivier Calvet
Troy L Rohrbaugh
Jennifer Piepszak
Karoline Leavitt
Ursula von der Leyen
Susan P. Crawford
Scott Bessent
Stacey Friedman
Jeff Bezos
George Saravelos
Alex Kramm
Francois Xavier Bouvignies
Joseph Spak