Tesla Loses Europe EV Crown to BYD Amid Sharp Drop

After a significant cooling in investment activity there was a 47 per cent rise last year to €10 billion, according to a new report

The Madeiran startup FootAR, which is part of the Portuguese consortium eGames Lab, won the “Best Application” award at VRAR World Expo 2025, an event held in Shanghai, China. This is the most prestigious Asian event dedicated to Augmented Reality and Virtual Reality, which took place on May 15th and 16th.

The Chinese multinational company, Hua Guang Welding, has chosen Parkurbis - Parque de Ciências e Tecnologia da Covilhã to set up its first industrial unit in Portugal, starting in 2026, with an initial value of 15 million euros.

Mr. Su Shuhui, Honorary President of the European Chamber of Commerce in Macau, stressed the importance of sustainable ocean and clean energy, affirmed Portugal's benchmarking position in the field of renewable energy (high penetration rate), pointed out the cooperation opportunities between China and Europe in the field of sustainable ocean, and called for accelerating technology transfer and market opening through technical cooperation and mutual recognition of standards certification.

The ChangAn Automobile, as well as the new Deepal S07, are due to be unveiled to the public at the Ecar Show - Hybrid and Electric Motor Show, taking place between May 23 and 25 at the Lisbon International Fair.

Lingang's management committee will set up the Lingang Qihang Fund targeting startups, including those in the seed stage, The Paper learned at the 2025 Lingang Sci-Tech Innovation Conference.

The “Portugal: An Investment Opportunity” seminar, organised by the Macau delegation of the Portugal-China Chamber of Commerce and Industry (CCILC-M), brought together service providers and experts who made the case for the Southern European country as a highly valued investment destination.

A promotional event was held in Lisbon, Portugal on May 7 for the upcoming eighth China International Import Expo (CIIE), with many leading organizations and businesses attending the event. A number of dignitaries also addressed the event.

Huawei took advantage of its recent European Partner Conference 2025, held in Como, Italy, to reinforce its growth strategy in the European business market. Under the slogan “Partner + Huawei”, the Chinese tech giant made it clear that the future lies in a robust collaborative ecosystem based on local partnerships and technical expertise. The event brought together more than a thousand partners from across the continent.