On Sept. 5, a Tesla vehicle suddenly accelerated when passing a local street on Shuangfu Street in Nanchong, Sichuan, hitting several pedestrians, causing two deaths, six injuries, and multiple vehicle collisions.
Vivo launched on Sept. 7 a global initiative, VISION+, in partnership with National Geographic at a press conference at the Enjoy Museum of Art in Beijing.
Shares of China's largest silicon chip maker, SMIC, plummeted on Monday after Reuters reported that the US plans to blacklist the company.
The mixed reality (MR) technology company Nreal announced today that it has completed a $40 million B1 round of financing led by Chinese internet media services provider Kuaishou
Stuart Oda, CEO of Alesca Life, said that agriculture and agricultural technology have come into sharp focus from the fallout of the COVID-19 outbreak.
NIO delivered a total of 3,965 units in August, a year-on-year increase of 104.1%, setting a new monthly high.
The market capitalization of Xiaomi Group exceeded HK$600 billion on Sept. 1 for the first time, and its share price is now at HK$25, soaring 6%.
Chinese EV maker Li Auto announced its August delivery data on Sept. 2, which shows that the company delivered 2,711 Li ONE vehicles, the first and sole model of Li Auto, in August, a record high in monthly deliveries.
Tesla, the world’s largest electric vehicle manufacturer, announced on September 1 that it would sell up to $5 billion in new stocks to ease future debt pressures, Reuters reported.
Many Chinese concept shares (CCS) plummeted after Monday’s closing. New popular electric vehicle stocks Xpeng Motor plunged 10.05%, Li Auto fell 7.39%, but NIO bucked the trend and rose 2.86%.
AI chip company Cambricon released their performance report for the first half of this year. During the period, the company’s revenue reached 87.2 million yuan, a year-on-year decrease of 11.01%.
NIO announced on Aug. 27 that it plans to offer additional 75 million ADSs and grant the underwriters a 30-day option to purchase an excess of 11.25 million ADSs, according to a press release.
Leading Chinese EV maker Xpeng Motors (stock code: XPEV) kicked off trading on the New York Stock Exchange on the evening of Aug. 27 (Beijing Time) with an opening price of $23.1, soaring 56% from the issue price of $15 per share.
Chinese smartphone and smart hardware manufacturer, Xiaomi Group, recently released its second-quarter financial report for 2020.
After conducting over 519,000km of road tests in Beijing, Baidu’s Apollo Go Robotaxi service was approved for phase 2 of autonomous vehicle road tests with passengers on board on Aug. 24.