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Pandaily's Digest | Nov 10, 2023

Editor's note: On November 9th, Li Auto held a financial report meeting. During the meeting, Li Auto's CEO, Li Xiang, once again mentioned Huawei.

Nov 10, 2023
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Li Auto CEO Li Xiang Talks about Huawei: 20% Is Respect, No Complaints at all
(Source: Autotime)

Li Auto CEO Li Xiang Talks about Huawei: 20% Is Respect, No Complaints at all


On November 9th, Li Auto held a financial report meeting. During the meeting, Li Auto’s CEO, Li Xiang, expressed that Li Auto’s attitude towards Huawei is: 80% learning, 20% respect, and 0% complaints. Link


Headlines from China

NIO’s Sub-brand Alps Starts Laying off Employees 
(Source: NIO)

NIO’s Sub-brand Alps Starts Laying off Employees 

After the announcement of organizational optimization by NIO's CEO Li Bin last Friday, NIO's sub-brand, Alps, has also started lay-off. Link

Zeekr Ready for NYSE, Valuation exceeds $13 billion

Chinese EV maker Zeekr submitted its prospectus to the U.S. Securities and Exchange Commission (SEC) today, preparing for listing on the New York Stock Exchange with the stock symbol "ZK". Link

BYD YangWang U8 Is About to Start Delivery

On November 10th, BYD announced that the first batch of production vehicles for the BYD YangWang U8 has officially rolled off the assembly line and delivery is about to begin. Link

Xiaomi Held Exclusive Closed-Door Meeting on EV Strategies

On Wednesday, Xiaomi held a closed-door meeting attended by representatives from companies in the Xiaomi smartphone and automotive-related industries. Link

News You Shouldn’t Miss

Tesla Model Y and Model 3 Raise Price in China

Tesla's locally produced models, the Model Y and Model 3, are set for a price adjustment starting November 9th. Link

ByteDance’s New Office in Hong Kong Has Been Put into Use

ByteDance has leased and completed the decoration of the entire 37th floor of Hong Kong IFC. Many employees have already moved in for work. Link

OPPO and Hasselblad Collaborate on the Next Generation Hyper Tone Camera Systems, Debuting on the Find X7 Series Smartphones

On November 8th, OPPO announced its collaboration with Hasselblad to create the next generation of Hyper Tone Camera Systems for 2024. Link

Beike Announces Forecast-beating Third Quarter 2023 Unaudited Financial Results; Shares Rise Pre-market

Beike announced its unaudited financial results for the third quarter, seeing a 63.4% year-over-year increase in net income. Link

Huawei and XPeng Engage in A Virtual “Mutual Attack” Due to AEB

Huawei and XPeng Motors have been engaged in a debate about AEB in recent days. Link

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By Kevin Zhou
Everything about China's Innovations
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