Pandaily

Autonomous Driving Chip Manufacturer Black Sesame Intelligent Plans to Raise up to 1.12 Billion HKD in IPO

The company aims to issue 37 million shares with a proposed price range of 28.00 to 30.30 Hong Kong dollars per share. If successful, this could raise up to 1.12 billion HKD.

DJI Neo Drone Unveiled: Weighs Only 169g and Can Fly for 15 Minutes

The pocket-sized Neo, with its full propeller cage and single-axis gimbal, is estimated to fly for 15 minutes.

William Li of NIO: The Value of Intelligent Driving is Accident Reduction, Not Replacing Drivers

Li firmly dismissed the idea of NIO venturing into the unmanned taxi business.

AI Image Generation Platform LiblibAI Secures Multi-Billion Yuan Financing within a Year

In just one year, LiblibAI has amassed nearly 10 million professional AI image creators and over 100,000 original models, producing more than 230 million AI images.

XPeng’s Split-Style Flying Car Revealed

XPeng previously officially introduced that this land-air integrated flying car is designed for the future three-dimensional traffic system.

NIP Group Completes First Chinese Esports IPO

On July 26, NIP Group was officially listed on the NASDAQ Stock Exchange under the ticker symbol “NIPG”. The listing ceremony was attended by Mario Ho, Chairman and Co-CEO of NIP Group, Hicham Chahine, Co-CEO of NIP Group, and Sun Liwei, President of NIP Group. In this IPO, NIP Group issued 2.25 million ADS (American […]

Xiaomi Has “No Immediate Plans for Overseas Car Sales in the Near Future”

For now, Xiaomi Auto's primary focus remains on the domestic Chinese market, says Lu Weibing, the President of Xiaomi Group.

Baichuan AI Completes 5 Billion RMB Series A Financing, Valuation Exceeds 20 Billion RMB

Baichuan AI has recently completed a Series A financing round, raising a total of 5 billion RMB.

SAIC Motor Set to Launch Autonomous Driving Services in Shanghai by August

Ordinary citizens in Shanghai will soon be able to book rides in L4 level autonomous taxis through various companies' online platforms.

BYD Secures Order for 120 Electric Buses in South Africa

BYD's South African subsidiary has reached an agreement with Golden Arrow, a well-known bus operator in South Africa, successfully securing an order for 120 buses.

Musk: Tesla’s FSD Expected to Receive Approval in China by Year-End

Tesla is also exploring the possibility of licensing FSD to other Chinese automakers, which could create new revenue streams.

Chinese Autonomous Driving Start-up Pony.ai Plans for a U.S. IPO

Pony.ai, a leading player in China's autonomous driving sector, is reportedly preparing for a U.S. IPO as early as September of this year

Jia Yueting Announces the Second Brand Strategy for Faraday Future

According to Faraday Future's official announcement, by the end of 2023, the company had delivered a total of 10 FF 91 2.0 Futurist Alliance vehicles to the market.

XPeng and Volkswagen Co-Develop Tech; First Model Due in 24 Months

According to the latest statement, the focus of their joint effort will be on enhancing the CMP and MEB platforms of Volkswagen vehicles produced in China.

Alibaba’s FY2024 ESG Report Highlights 5% Cut in Greenhouse Gas Emissions

Alibaba Group CEO Eddie Wu emphasized that ESG activities have been a defining part of Alibaba's identity since its inception 25 years ago.

Huawei Develops World’s First Triple-Fold Screen Smartphone, Incorporating AI Technology

Huawei has been developing a triple-fold screen smartphone, which incorporates the latest AI technology.

Xiaomi SU7 Ultra Officially Released

The Xiaomi SU7 Ultra prototype is equipped with the Xiaomi V8s super motor, with 27200rpm, 0-100km/h acceleration in 1.97 seconds.

Baidu Intelligent Driving GM Su Tan Resigns

Su Tan, who joined Baidu in 2013, has been an instrumental figure in the company's journey in the autonomous driving sector.

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.

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.

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