Pandaily's Digest | Jul 19, 2024
Editor's note: Tesla's Gigafactory Shanghai is running at full capacity.
Tesla’s Shanghai Gigafactory Is Operating at Full Capacity, Producing One Model Y Every 30 Seconds
Tesla's Gigafactory Shanghai is running at full capacity. A new Model Y car rolls off the line approximately every 30 seconds. Link
Headlines from China
Jack Ma Denies Rumors of Appearing at Alibaba Headquarters
Jack Ma denies rumors of returning to China and appears at Alibaba headquarters, stating that he is in Europe. Link
XPeng Motors: Details of Further Cooperation with Volkswagen Will Be Disclosed Next Week
There are rumors that hundreds of Volkswagen engineers have moved into the XPeng Motors headquarters. XPeng declined to comment on the matter, but stated that detailed information about cooperation with Volkswagen will be disclosed next week. Link
New Samsung Galaxy Z Series Products Integrate the Doubao Large Model
Samsung Electronics has launched the new generation of Galaxy Z series products for the Chinese market, and announced that the new products will integrate Doubao large model. Link
PwC Responds to Cutting Staff in China
PwC responds to layoffs of employees in China: "This is a difficult decision, and we have optimized the organizational structure based on market demand." Link
News You Shouldn’t Miss
BYD to Build a Second Electric Car Factory in Cambodia
BYD plans to open an electric vehicle assembly plant in Cambodia, which would be capable of producing 20,000 electric vehicles annually. Link
He Xiaopeng Predicts that Robotaxi Will Reach A Turning Point in Two Years
XPeng Motors Chairman He Xiaopeng predicts that Robotaxi will reach a turning point in two years and suggests major car companies to transition to end-to-end technology. Link
Amazon Web Services: Some Media Content Is Untrue, Business Development in China Is Good
On July 11th, Amazon Web Services announced that some self-media content is untrue. The business development in the China region is good and they are expanding recruitment. Link
BYD YangWang Lands in the Game “Game for Peace”
On July 11th, BYD announced that the entire lineup of Yangwang vehicles officially landed in Tencent's game "Game for Peace". Link
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