Pandaily's Digest | Aug 9, 2024
Editor's note: In the next 3-5 years, China's low-Earth orbit satellite internet will scale up for civil use.
China’s “Starlink” Takes to the Skies, Large-Scale Civil Use Expected in Three Years
Although the Chinese version of "Starlink" started late, it is catching up rapidly. In the next 3-5 years, China's low-Earth orbit satellite internet will scale up for civil use. Link
Headlines from China
Ant Group Invests in AI Company Meta Sota
Ant Group invested in the AI company Meta Sota. Since last year, Ant Group has invested in at least 6 companies in the AI field. Link
Paris Embraces Sustainable Mobility with Summer Free Ride Campaign
Paris, in collaboration with global micro mobility leaders Segway and Tier-Dott, offers 10,000 free e-bike rides to promote sustainable urban mobility. Link
WeRide Set to Launch Its New Generation of Robotaxi on October 15th
Unique in its global reach, WeRide holds autonomous driving licenses in four countries: China, the United States, the United Arab Emirates, and Singapore. Link
News You Shouldn’t Miss
BYD to Adopt Huawei’s Intelligent Driving System
Some versions of BYD's new model "Leopard 8" will be equipped with Huawei's intelligent driving solution. Link
Black Sesame Technologies Goes Public, Giving Birth to China’s First ‘Smart Car AI Chip’ Stock
On August 8th, Black Sesame Technologies, a Chinese AI chip firm, made its official debut on the Hong Kong Stock Exchange. Link
China’s NEVs’ Market Penetration Surpassed 50% in July, Exceeding Fuel Vehicles
China's new energy vehicles' market penetration rate exceeding 50% for the first time in July 2024, surpassing traditional fuel vehicles. Link
HP Denies ‘Moving Half of PC Production Out of China’
HP denies moving half of its PC production out of China, stating that its PC manufacturing business in China remains significant. Link
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