Pandaily's Digest | May 29, 2024
Editor's note: Li Auto's representatives have confirmed a substantial reduction in their workforce.
Li Auto’s Layoffs Approach 10,000 as Employee Benefits and Perks Are Sequentially Cancelled
Li Auto's representatives have confirmed a substantial reduction in their workforce. The total number of employees has fallen from its peak of over 30,000 to around 22,000 during the latest layoff period. Link
Headlines from China
XPeng Motors’ Sub-Brand MONA First Car Rear Spy Photos Exposed
The first spy photos of the rear end of the MONA, a brand under XPeng Motors, have been exposed. It is expected to be named "Xiangwang 03". Link
WeChat Channels Live E-Commerce Team Merges Into the WeChat Open Platform Team
On May 28th, WeChat issued an internal announcement that the WeChat Channels live e-commerce team has been reorganized. Link
SenseTime Has Purchased Over 40,000 NVIDIA Chips in the Past Decade
SenseTime has bought over 40,000 NVIDIA chips in a decade, aiming for profitability within two years, says co-founder Xu Bing on Tuesday. Link
Beijing Citizens Complain About Xiaomi’s Road Tests, Citing “Public Safety Hazards”
Recently in Beijing, citizens have complained that Xiaomi‘s car road tests may endanger public safety. Link
News You Shouldn’t Miss
BYD’s Fifth-Generation DM Hybrid Technology to Pioneer Fuel Consumption Below 3L/km
Models equipped with the fifth-generation DM hybrid technology will have fuel consumption as low as less than 3 liters per 100 kilometers. Link
Porsche China Issues A Joint Statement with Authorized Dealers
Porsche China issues a joint statement with all authorized dealers: Seeking effective ways to respond to market changes. Link
Tencent Cloud AI Code Assistant Is Free for A Limited Time Public Beta Test
Tencent Cloud announced that its AI Code Assistant is now open for free limited-time public testing. Link
FAW-Volkswagen’s Foshan Factory Cuts 565 Jobs with Annual Salary of 110,000 Yuan
FAW-Volkswagen's Foshan factory cuts 565 positions; the official response states that this adjustment will not affect the daily production and operation of Foshan branch. Link
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