Chinese real estate giant Evergrande Health Industry Group Limited (Evergrande Health) announced on August 3 the prototypes of six new energy vehicle (NEV) models under its Hengchi brand in Shanghai and Guangzhou at the same time, marking a substantial development of the company in the NEV field.
Less than two weeks before announcing a $500 million series C+ round of financing, Xpeng Motors has once again raised $300 million in financing, Chinese tech media 36Kr reported, citing a source with knowledge of the matter.
Chinese President Xi Jinping attended the completion and commissioning ceremony for the BeiDou Navigation Satellite System (BDS-3) on July 31 at the Great Hall of the People in China’s capital Beijing, according to Xinhua News.
Chinese fast-growing electric vehicle maker Li Auto kicked off trading on July 30 on the Nasdaq Global Market with its share price soaring 43.13% from its IPO price of $11.5.
The NIO EC6 Coupe SUV and Xpeng Motors G3i SUV models were launched on July 24 at the Chengdu Motor Show 2020, one of the most valued automobile events in China.
Zeng Xuezhong, former executive vice president and former CEO of the mobile division at ZTE, was appointed on as Xiaomi's mobile phone division head on July 29th.
NIO’s domestic rival, Beijing-based electric vehicle startup Li Auto’s initial public offering in the US has been fully subscribed for a whopping $950 million, Reuters’ IFR reported.
California-based leading electric vehicle maker Tesla Inc has put out a hiring post in Shanghai in search of designers to join its China studio and 1,000 factory workers as production ramps up, Reuters reported.
China’s housing rental transaction service platform operator Ke Holdings has filed a preliminary prospectus for a U.S. initial public offering on July 24, aiming to be listed on the New York Stock Exchange (NYSE) under the symbol “BEKE”.
Li Auto updated its prospectus on July 25 and publicly issued 95 million American depository shares (ADSs) to U.S. investors with an issue price ranging from $8 to $10 per ADSs.
Kneron, a leading manufacturer of terminal artificial intelligence, held a developer conference on July 20 in Taiwan and announced the debut of the world’s first edge AI platform KNEO.
Shanghai-based EV maker NIO is setting up a battery asset management company in August to boost the separation of cars and electricity and launch BaaS (Battery as a Service) products.
Leading Chinese electric vehicle maker NIO patented a technology on July 17 for a wireless charging system for an electric vehicle, as well as the same charging method (CN111422080A).
Allwinner Technology has reached a strategic cooperation with Alibaba's chip subsidiary T-Head to develop a new computing chip based on the T-head “XuanTie” processors
Fledgling AI startup Rokid has continued to upgrade its portable, lightweight, body-temperature-sensitive AR glasses, the Rokid Glass 2, after its debut in January this year.