Pandaily, Author at Pandaily

Luckin Coffee Eyes for the US Market, Accelerating Its International Expansion

Luckin Coffee is reportedly planning to enter the US market as early as next year, preparing to beat competitors like Starbucks with its low-priced drinks.

SenseTime Advances Chip Business, Completes Financing in the Hundreds of Millions

To ease financial pressures, SenseTime has quietly made its chip business a separate company, which has also successfully raised substantial funds.

ByteDance Plans to Establish An AI R＆D Center in Europe

Informed sources revealed that ByteDance has started looking for top talents in the fields of LLM and AI in Europe, preparing to establish an AI R＆D center in Europe.

Xpeng Aeroht Intelligent Manufacturing Base Officially Starts Construction

On October 27th, Xpeng Aeroht Flying Car Intelligent Manufacturing Base officially started construction, with a planned annual production capacity of 10,000 units.

H&M Makes Strategic Move onto Pinduoduo and Prepares to Venture into Douyin

On October 24th, H&M officially announced its entry into Pinduoduo, becoming the first international fashion brand to land on this platform.

CATL Launches the World’s First Hybrid Vehicle Battery ‘Freevoy Super Hybrid Battery’

On October 24, 2024, CATL launched Freevoy Super Hybrid Battery, the world’s first hybrid vehicle battery to achieve a pure electric range of over 400 kilometers.

Xiaomi SU7 Ultra Mass-Produced Car Opens for Reservation

The Xiaomi SU7 Ultra production version is now available for reservation on the official website of Xiaomi Auto.

Horizon Robotics Officially Went Public in Hong Kong

The issue price was 3.99 Hong Kong dollars per share, and the stock opened with a surge of over 33%. This is the largest technology IPO on the Hong Kong stock market this year.

Pony.ai Establishes European R&D Center

Pony.ai signed a MoU with Emile Weber. The two parties will collaborate to promote the R＆D of autonomous driving vehicles and technology in Luxembourg.

XPeng Motors Officially Enters the UAE Market

Recently, XPeng Motors partnered with Ali & Sons Holding LLC in Dubai to hold a launch event for the G6 and G9 models.

Fidelity International Laid off 100 Employees in China

Fidelity International confirmed that it has decided to optimize some functions currently managed and supported by the company's Dalian Excellence Center.

Tim Cook’s China Visit: 5G Collaborations, Apple AI’s Entry into China, and More

Cook said that Apple is working diligently on advancing the specific regulatory process in order to bring Apple Intelligence to Chinese consumers as soon as possible.

OPPO Reaches Strategic Cooperation with BYD

On October 23, OPPO reached a strategic cooperation with BYD, and the OPPO Find X8 series will be the first to support Denza Z9 GT interconnection.

SenseTime Restructures: Layoffs and Business Adjustments

SenseTime initiates organizational restructuring and layoffs, affecting businesses such as security, autonomous driving, and healthcare.

Xpeng Aeroht’s Land Aircraft Carrier Successfully Completes Manned Maiden Flight

Xpeng Aeroht recently completed the first manned test flight of the "Land Aircraft Carrier" flying body, with founder Zhao Deli leading the "Executive 5000 km Test Flight" plan.

Xpeng Denies Private Negotiations with the European Union

Xpeng spokesperson reiterated that "Xpeng has not had any private negotiations with the EU", in response to market rumours following an interview He Xiaopeng took at the Paris Auto Show.

GAC Group Leads the Investment, Didi Autonomous Driving Completes Round C Financing

Recently, Didi Autonomous Driving completed a C-round financing of $298 million, led by GAC Group with participation from Didi.

Xiaomi Has Developed the First 3nm Mobile System-Level Chip in China

Xiaomi has developed the first 3nm mobile system-level chip in China, which will be used in flagship smartphones.

The Three-Body Problem Movie Has Established An AI Team

The movie adaptation of 'The Three-Body Problem' is currently in the stage of polishing the script, and an AI team has been established in advance.

OPPO Acquires LM Startup Company AIWaves

The LLMs startup company AIWaves will be acquired by the mobile phone manufacturer OPPO.

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