News Archives - Page 3 of 53

Richard Yu Steps Down as CEO of Huawei Consumer BG

Richard Yu (Yu Chengdong) will serve as the chairman of the Huawei Terminal BG, and He Gang, the former COO of Huawei Terminal BG, will take over as the CEO of Huawei Terminal BG.

AEB Became the Core of Debate Surrounding the Deadly AITO M7 Accident

On April 28th, AITO issued a statement stating that, according to national platform data access regulations, the vehicle was traveling at a speed of 115 km/h at the time of the accident, the airbags deployed normally, and the characteristics of the power battery pack were all normal.

BYD’s New Electric Vehicle Factory in Indonesia to Start Operation in 2026

BYD, Wuling Motors, and other Chinese electric vehicle manufacturers will set up factories in Indonesia. The Indonesian government is reportedly considering more tax incentives to attract electric vehicle manufacturers.

Geely-backed Caocao Inc. Goes for Hong Kong IPO

According to data from Frost & Sullivan, based on the total transaction value (GTV), CaoCao Chuxing ranked among the top three ride-hailing platforms in China in 2021, 2022, and 2023.

Xiaohongshu Tests Self-developed AI Model “Little Sweet Potato” (Xiaodigua)

At present, the business focus of Xiaohongshu's products is still on short videos, which occupy most of the human and financial resources, leaving not much resources for AI exploration.

BOSCH China Officially Releases the Shanxi AITO M7 Accident Statement

BOSCH China officially released the Shanxi AITO M7 accident statement: The vehicle did not carry BOSCH intelligent driving system.

Faraday Future Faces NASDAQ Delisting

On April 30th, Faraday Future announced that it had received a letter from the NASDAQ Stock Exchange indicating that it would be delisted for not complying with listing rules.

Seres Group Plans to Introduce Chongqing State Assets, Acquiring 100% Equity in AITO Automotive Factory Service Provider

Seres Group believes this move will optimize the company's governance structure and underscore the crucial support state-owned capital provides to new energy vehicle enterprises in Chongqing.

Tesla to Collaborate with Baidu, Xpeng Chairman Says “Welcome” to Tesla’s FSD

He Xiaopeng, Chairman of Xpeng, posted on social media on April 29th a warm welcome to the potential entry of Tesla's FSD into China.

Xiaohongshu Denies Reports of $20 Billion Pre-IPO Financing Round

Xiaohongshu responded today by stating that reports about its latest financing round are not true.

Tesla Meets China’s Data Security Standards, Restrictions to be Lifted

On the evening of April 28th, the China Association of Automobile Manufacturers issued an announcement confirming that Tesla has met the relevant data security requirements.

ByteDance Dismisses 61 Employees for Corruption

ByteDance's Corporate Discipline and Professional Ethics Committee reported 61 cases of employee violations of laws and discipline today, and all employees involved have been dismissed.

Elon Musk Visits Beijing, Meets with Chinese Trade Officials

Elon Musk arrived in Beijing this afternoon, and was received by CCPIT Chairman Ren Hongbin for discussions on future cooperation and other related topics.

Car Accident Involving AITO M7 SUV in Shanxi Claims Three Lives

Footage from the scene revealed that the AITO M7's concealed handle did not release during the fire, prompting bystanders to attempt breaking the car windows to assist those inside.

Meituan Plans to Launch Food Delivery Platform KeeTa in the Middle East

Sources familiar with the matter have disclosed that Meituan is actively working on the launch of its KeeTa application in the Middle East, with Riyadh identified as the first destination.

Honor CEO Zhao Ming Reports Surge in Latin American Market Sales

Honor CEO Zhao Ming announced on Weibo on Thursday that Honor's smartphone sales in the Latin American market witnessed a staggering 200% increase last year.

Shenzhou 18 Manned Spacecraft Was Successfully Launched

On April 25th, the Shenzhou-18 manned spacecraft was successfully launched.

Tesla Revoking Job Offers to Recent Graduates in China

Tesla had reportedly rescinded job offers to 2024 graduating students in China, offering them one month's compensation instead.

CATL Unveiled Shenxing PLUS Battery, Boasting 1000-km Range

At the 2024 Beijing Auto Show, CATL introduced the Shenxing PLUS battery, the world's first lithium iron phosphate (LFP) battery capable of achieving a 1000-kilometer range.

OPPO K12 Officially Released, Featuring Super Charging, 17.28-day Standby Time, Plus AI Enhancement

The OPPO K12 represents a comprehensive upgrade from its predecessor, featuring a long-lasting 100W SuperVOOC charging and a 5500mAh large-capacity battery for extended battery life.

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