XPeng Denies Reports It Is Developing Batteries
Reports have surfaced that Chinese electric vehicle maker XPeng Motors recently started a self-developed batteries project. The firm later denied the rumors.
11/28/20224 min read
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J&T Express to Build Largest Smart Logistics Industrial Park in Saudi Arabia
Logistics firm J&T Express will jointly build the largest smart logistics industrial park in the Middle East and North Africa together with venture capital firm eWTP Arabia Capital and other partners in Saudi Arabia.
2/3/20222 min read
DeepMirror Completes A-Round Financing Worth Tens of Millions of Dollars
DeepMirror, a Chinese technology startup, has recently completed an A round of financing worth of tens of millions of dollars.
2/9/20222 min read
ByteDance's Douyin Group Launches New Logo
ByteDance subsidiary Douyin Group launched a new logo on October 12, and its account avatars on Douyin, TikTok's sister app for mainland China, and on its official WeChat account have been replaced with new ones.
10/12/20223 min read
SAMR Investigates Alibaba for Alleged Monopolistic Behavior
E-commerce giant Alibaba is under investigation for alleged monopolistic practices, according to a notice posted on the official website of the State Administration for Market Regulation (SAMR) on Dec. 24.
12/24/20202 min read
Tesla Temporarily Closes Stores in China Due to Coronavirus Concerns
As of February 2, Tesla temporarily shut down its stores in mainland China as the novel coronavirus worsens, according to a news report by CNBC on Thursday.
2/7/20202 min read
China’s Anti-Monopoly Watchdogs Issue New Rules to Tech Giants For Fairer Market Play
China’s regulatory watchdog on Feb. 7 released new anti-monopoly regulations targeting tech giants and a recent escalation in unfair competition.
2/8/20212 min read
MediaTek Launches Dimensity 9000+ Mobile Platform
Global fabless semiconductor company MediaTek released the Dimensity 9000+ mobile platform on Tuesday. The company said smartphones equipped with the new platform are expected to be made available in the third quarter of 2022.
6/22/20222 min read
OnePlus Releases its 9 Series and First Smartwatch
Oneplus released its latest OnePlus 9 and OnePlus 9 Pro on Wednesday during a press conference in Shanghai.
3/25/20215 min read
Anti-Cancer Herbal Medicine and Fire Therapy: The Hoax of a Chinese Medicine Giant
Chinese health authorities are investigating an alleged faulty herbal medicine from Quanjian group that might be related to the death of a 4-year-old child back in 2015. According to South China Morning Post, the investigation was conducted under high priorities and is considered of high importance.
12/30/20186 min read
Envision AESC to Build New US Factory for BMW Battery Supply
BMW and Envision AESC, a battery tech firm under Envision Group, reached a long-term cooperation agreement. Under the deal, Envision AESC will provide its next generation of lithium-ion batteries for BMW's new vehicle models from 2026.
Beijing Launches Policies to Stimulate Vehicle Market
On July 7, the Chinese Ministry of Commerce and other 16 government departments issued a notice to introduce several measures to help stimulate and expand the automobile market, particularly consumer buying.
7/7/20223 min read