GAC AION and Didi's Self-Driving Joint Venture Have Obtained the Business License
GAC AION and Didi's joint venture have obtained the business license, with plans to mass-produce the first batch of L4 models next year.
4/7/20242 min read
Category: Industry
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Wuhan Government Seeking to Attract Xiaomi Auto Manufacturing Project
The Wuhan Municipal Bureau of Commerce responded the city had communicated with leading Chinese electronics firm Xiaomi, and is now in active negotiations with the company to promote the project's settlement in Wuhan.
8/12/20213 min read
Huawei’s Rotating Chairman Responds to Chip Reserves: Huawei is Actively Looking for Solutions for Mobile Phone Chips
The Huawei Connect 2020, another major Huawei conference after the Huawei Developer Conference (HDC.Together), kicked off today in Shanghai.
9/23/20202 min read
Luckin Coffee's Q2 Net Revenue Up 72% YoY
Chinese beverage chain Luckin Coffee has announced its financial report for the second quarter of 2022, as well as the appointment of An Jing as its new Chief Financial Officer, effective August 8.
8/9/20225 min read
Zeekr Restarts Its US IPO
The high-end electric vehicle brand Zeekr under the Chinese car manufacturer Geely has restarted its IPO in New York to raise up to $500 million, which is lower than the previously set target of over $1 billion.
JOYY Q2 Revenue Surges to $826M
Video-based social media platform JOYY Inc. on Thursday reported net revenue of $826.6 million in the second quarter of 2020, up 36.3% year-on-year.
8/13/20202 min read
Baidu App Unveils New Strategy as it Hits 560 Million Monthly Active Users
Baidu said on Monday its flagship Baidu App has reached 558 million monthly active users (MAU) in March, with more than 75% of users logging onto the platform every day.
CATL Chairman Expects to See New Cars Equipped With Kirin Battery
At the 2022 World EV & ES Battery Conference held in Sichuan on July 21, Robin Zeng, Chairman of Chinese battery giant CATL, said many new car models will be equipped with the Kirin battery next year.
ByteDance Sets Up Douyin Group, Rumored to be Listed in Hong Kong
Once ByteDance established Douyin Group (HK) Limited as a separate entity, rumors began to swirl about a potential public listing on the Hong Kong Stock Exchange.
Meituan's Delivery Drones Completed Over 100K Orders Last Year
Chinese local services giant Meituan on January 16 unveiled data regarding its drone delivery business, following two years of normal trial operations. By the end of 2022, the cumulative orders of Meituan's delivery drones had exceeded 120,000.
China Internet Security Service Provider Qihoo 360 Suffers Sudden Malicious Attack
On Tuesday, news about a malicious attack at Qihoo 360, a Chinese Internet security service provider, went viral on Weibo, one of the country's most popular social media outlets.
1/25/20222 min read
NIO to Launch Cheaper Electric SUV ES3
NIO Co-founder and President Qin Lihong publicly stated that NIO will release another electric SUV next year. This SUV will be based on the company’s first generation of SUVs, but in a different shape.