Less than two months after debuting its fifth production EV called the G6, XPeng Motors’ CEO He Xiaopeng shared that the Chinese automaker is already busy on a sixth model called the X9. This will be XPeng’s first attempt at a multi-purpose vehicle (MPV) that it looks to utilize in targeting a certain demographic overseas.

XPeng Motors has been quite busy in 2023, and the last few months especially. After rolling out what it described as some of the most advanced and capable ADAS in China, XPeng debuted its new SEPA 2.0 modular EV architecture to support it.

Cryptocurrency exchange Coinbase has partnered with the Austrian fintech firm Bitpanda, the latter company said on May 25.

The partnership will allow Coinbase to offer institutional trading services outside of the United States. It will also see Bitpanda add Coinbase as a liquidity provider.

KuCoin, a top 5 global crypto exchange, recently completed a comprehensive study aimed at understanding users' perspectives and aspirations across different generations, including Gen Z, Gen Y, and Gen X, regarding AI integration and blockchain efficiency. The study's findings offer insights into generational trends and expectations in the adoption of AI and its potential impact on the cryptocurrency ecosystem.

The factory, which will produce Shein items and is part of the retailer’s push to localise production, could shorten shipping time and cut distribution costs for Shein customers in Latin America. It follows its announcement that it will build a manufacturing network in Brazil to serve as a global customer base.

Chinese electric vehicle (EV) start-up Xpeng expects its deliveries in the second quarter of this year to rise by up to 21 per cent as a bruising price war abates.

The Guangzhou-based carmaker said it would hand 21,000 to 22,000 cars to customers between April and June, compared to its total deliveries of 18,230 units in this year’s first quarter.

Xpeng published the delivery guidance on Wednesday after it reported worse-than-expected quarterly earnings, battered by weaker consumer demand for premium electric cars on the Chinese mainland.

Chinese cars used to be objects of derision, even by those enjoying their iPhones, which were probably made in China. But times have changed – and quickly. The consensus is that Chinese-manufactured Teslas are better built than ones from Fremont, California (fewer panel gaps). Now native Chinese brands are starting to break outside of the home market. Newcomer XPeng is aiming to bring a premium, technology-focused experience to driving Chinese, and I got to drive its latest entrants in Amsterdam.

SHEIN is a global fashion and lifestyle e-retailer. Credit: VicVa via Shutterstock.

Online fashion retailer Shein has officially announced plans to open 30 stores in the UK this year, in addition to new stores in the Middle East and Europe.

This news comes as a relief to fashion enthusiasts who have, until now, relied on online images and reviews when purchasing Shein’s trendy and affordable clothes, shoes, accessories and homeware items.

Coinbase, the world’s second-largest crypto exchange, is launching its subscription service, Coinbase One, in 35 countries in a bid to retain users and grow its recurring revenue streams as the crypto economy struggles through a bearish market.

Coinbase One was originally introduced in fall 2021 in beta and will be available publicly today onward in the U.S., United Kingdom, Germany and Ireland, the company exclusively told TechCrunch+. The company will roll the service out in 31 other European countries in the coming months.

It seems that NIO has been rolling out big news quicker and quicker. It just keeps hitting new giant milestones and innovating on its unique technology. In the past few weeks, it has reached 10 billion kilometers driven across its customer vehicle fleet, and it has surpassed 20 million battery swaps. More stunning stats and news of technological progress are below.

Shein has officially opened a new office in Dublin, which serves as headquarters for its operations in Europe, the Middle East, and Africa (EMEA).

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Coinbase Inc (COIN.O) Chief Executive Brian Armstrong on Monday said that the United Arab Emirates could serve as a hub for the Middle East as well as for parts of Africa and Asia.

We are now opening our first XPENG facility in Smista in southern Stockholm. We have a dedicated team of product specialists who will help customers with advice, orders and service of XPENG's high-tech cars. Earlier this year, the first two models were launched in Sweden - XPENG P7 and XPENG G9 with deliveries scheduled for June and September.

Chinese accessory maker Anker just introduced its cube-like MagSafe charger back to its home market, according to its social account on the Chinese Twitter-like platform Weibo.

The charger, named Anker 3-in-1 Cube with MagSafe, was initially released overseas last year via Apple Store (Northan America, Europe, and Hong Kong) and Anker's online store.

NIO once again increased its global electric vehicle deliveries in April. Last month, the Chinese premium EV start-up delivered 6,658 cars, which is about 31 percent more than a year ago.

That's a positive sign, especially because there is more to come later this year when the new wave of models will finally hit the market.

NIO also reports that its sales include 1,713 crossovers/SUVs and 4,945 sedans.

SINGAPORE - Chinese ultra fast fashion giant Shein's drive to improve its reputation is continuing with a US$70 million investment over the next five years to modernise its supply factories, increase automation and improve facilities for workers.