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Pandaily's Digest | Jun 7, 2024

Editor's note: Xiaomi responds to the incident at the Haikou parking lot, and will actively cooperate to assist the police in their investigation.

Kevin Zhou's avatar
Kevin Zhou
Jun 07, 2024

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Xiaomi Responds to the Incident at the Haikou Parking Lot
(Source: Xiaomi)

Xiaomi Responds to the Incident at the Haikou Parking Lot


Xiaomi responds to the incident at the Haikou parking lot, and will actively cooperate to assist the police in their investigation. Link


Headlines from China

Li Auto Downgrades 2024 Sales Target Again Amidst Various Challenges
(Source: Li Auto)

Li Auto Downgrades 2024 Sales Target Again Amidst Various Challenges

Due to a lukewarm reception of the MEGA model and fewer orders for the L series than anticipated earlier this year, Li Auto was compelled to reduce its yearly sales forecast. Link

AWS China’s Executive Liang Yan Joins Microsoft Azure

Recently, there have been changes in the core senior management of AWS Greater China Region: Liang Yan, head of the Top Account department, has resigned and moved to Microsoft Azure. Link

NIO’s Third Factory Has Started Construction with A Production Capacity of 100,000 Vehicles Per Shift

NIO's third factory has recently started construction, with a single shift capacity of 100,000 units. It will be used for the production of future NIO and ONVO brands products. Link

Mercedes-Benz Will Adopt the Momenta Light Mapping Urban Area Solution

Mercedes-Benz is reported to adopt the Momenta Light Mapping Urban Area Solution, with the CLA model launching first and set to be implemented in April 2025. Link

News You Shouldn’t Miss

Douyu Reports Q1 Revenue of 1.04 Billion RMB, a Year-on-Year Decrease of 29.9%

The number of mobile monthly active users decreased from 50.2 million in the same period last year to 45.3 million, and the average number of paying users also decreased from 4.5 million to 3.4 million. Link

BYD’s FinDreams Secures Energy Storage Battery Order from Tesla

FinDreams Battery, a subsidiary of BYD, has solidified a supply agreement with Tesla in March of this year. Link

Li Auto Downgrades 2024 Sales Target Again Amidst Various Challenges

Due to a lukewarm reception of the MEGA model and fewer orders for the L series than anticipated earlier this year, Li Auto was compelled to reduce its yearly sales forecast. Link

Westlake University Team Develops Fast-DetectGPT, Capable of Identifying AI-Generated Text

Without the need for training, Fast-DetectGPT can directly use open-source small language models to detect text content generated by various large language models. Link

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By Kevin Zhou
Everything about China's Innovations

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