China’s Electric Trucks May Well Pull Forward Peak Oil Demand
[Business]
2022/10/14 09:04
EVs have gone from less than 1% of light commercial vehicle sales to 10% in just the last two years.[A prototype of Homtruck, a model Geely Holding Group’s commercial vehicle brand Farizon Auto plans to produce and deliver in early 2024.Source: Geely]Electric trucks are grabbing a lot of headlines lately. Elon Musk announced Tesla Semis will start shipping to PepsiCo in California. Volvo is de...
(Video) Loewe's Metaverse Fashion Works IRL
[Design]
2022/10/14 09:03
No, that's not Photoshop. That Minecraft-looking hoodie is a real piece of clothing you can buy. An image of two models in what appears to be pixelated, but entirely real, clothing is shown.Looking at Loewe’s takes can make your eyes hurt after a while. Not that I don’t like it! Just that my eyes don’t like to question their reality for long periods of time.As someone who very much can’t af...
(PDF) Mckinsey - 2022 China Retail Digitalization Whitepaper
[Business]
2022/10/13 09:10
The next frontier of digital transformation in China’s retail industry.Despite significant investment in omnichannel expansion, retailers in China are struggling to convert this into improved financial performance.As China wrestles with macro-economic uncertainty amid persistent outbreaks of COVID-19, retailers are under increasing pressure to adapt to slowing sales growth and heightened compe...
Chinese Firm XPeng Tests Electric Flying Taxi in Dubai
[Product]
2022/10/13 09:09
A XPeng X2, an electric flying taxi developed by the Guangzhou-based XPeng, Inc's aviation affiliate, is tested in front of the Marina District in Dubai, United Arab Emirates, Monday, Oct. 10, 2022. Monday’s demonstration was held with an empty cockpit, but the company says it carried out a manned flight test last year of the two-passenger vehicle. A Chinese firm tested out an electric flying...
Worldwide PC Shipments Plummet in Q3 with Only Apple Reporting Growth
[Business]
2022/10/13 09:08
PC shipments plunged across the world in the third quarter with overall sales falling 18%, according to numbers compiled by Canalys. The only company with positive year-over-year growth was Apple, with a modest 1.7% increase, according to Canalys.All of the other major PC makers experienced business decline, with most in double digit territory.IDC had similar findings with numbers down worldwid...
How Ultra Luxury Is Conquering China
[Business]
2022/10/13 09:07
As the economy slows down, Gen Zers are cutting their luxury spend — meaning brands must look to alternative consumer bases such as the more mature UHNWIs. Douyin blogger Mei Ji is 28 and lives in the region of Anhui. She shares her luxurious life daily, whether it’s having an afternoon at the Bulgari Hotel or spending her days at high-end shopping malls. Usually Gen Z shoppers like Ji are co...
Netflix vs Disney : Who’s Winning the Streaming War ?
[Business]
2022/10/13 09:06
Netflix is well-known as one of the pioneers of mass-market video streaming. The service has become so ubiquitous that the word “Netflix” is now synonymous with watching a movie or television show.But, while it’s one of the most recognized streaming platforms in the world, has it been able to maintain its dominant position in the industry now that more competitors have entered the fray?This...
Citroën Oli - The Inexpensive Family Car That Can Also Power Your Home
[Design]
2022/10/13 09:05
Some people think “Citroën” is how you say “weird” in French, and the new Citroën oli does nothing to dispel that idea. This is a company that has always charted its own course. It was one of the first to manufacture front-wheel drive cars like the 11CV sedan that became the vehicles of choice for a gang of criminals in Paris after World War II because its superior handling allowed them t...
CALB's Debut Was Lukewarm, But China Has Buckets of EV Funding
[Investing]
2022/10/13 09:04
Almost $183 billion has gone into the nation’s electric vehicle supply chain this year.Life as a newly minted public company didn’t get off to the roaring start that CALB, China’s third-largest electric vehicle battery maker, might have hoped for, particularly after rivals LG Energy Solution and CATL soared 68% and 44%, respectively, on their day one debuts.CALB listed in Hong Kong late last...