Smart Energy Firm Circue Bags Tens of Millions of Yuan in Round-A Funds
On August 15, Beijing-based Circue announced that it has completed round-A financing worth tens of millions of yuan.
8/15/20222 min read
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BYD's Demand for Supplier Price Reduction Met with Backlash
A letter circulating on Chinese social media criticizes BYD Passenger Cars' request for a 10% cost reduction from its suppliers, arguing that this practice violates business ethics, potentially jeopardizing the long-term interests of the domestic automotive industry.
11/27/20242 min read
CATL Changes Co-President of Market Amid Slowing Demand for Batteries
The growth rate of electric vehicles in China has been decelerating, and the demand for battery power is lower than expected. CATL, a battery giant, is actively seeking new growth opportunities while pushing for cost reductions. A recent change in personnel is a clear indication of this effort.
3/24/20234 min read
01.AI Reveals Its ToB Solution Based on the Yi Model
01.AI made a high-profile disclosure of its ToB (To Business) solution based on the Yi model.
In Conversation With Tang Binsen of Chinese Beverage Giant Genki Forest: A Mogul, a Pirate, a Product Manager
Tang and his entrepreneurial story may someday become a classic case study taught in business schools. Whether about success or failure, it is certain to be extremely exciting.
11/23/202137 min read
Evergrande Auto's Hengchi 5 Starts Mass Production, To Deliver Next Month
Real estate developer Evergrande's automobile arm announced on September 16 that its Hengchi 5 model has started mass production in Tianjin and deliveries will begin in October. The new energy vehicle brand will also accelerate the development of other models.
9/16/20223 min read
BYD Yuan Plus to Be Released February 19
Electric vehicle maker BYD will release its new EV, the Yuan Plus, on February 19th. This is BYD's first pure electric SUV featuring the company's Platform 3.0.
2/15/20222 min read
Inilunsad ng Deeproute.ai ang L4 Class Autonomous Driving Solution na nagkakahalaga ng mas mababa sa $10,000
<p>Ang self-driving car startup Deeproute.ai ay inihayag ng isang mapaghangad na solusyon sa pagmamaneho sa sarili noong Miyerkules. Ang package, na tinatawag na Deeproute-Driver 2.0, ay isang produktibong antas ng 4 na sistema na nagkakahalaga ng halos $10,000.</p>
12/8/20212 min read
EV Maker XPeng Reports 259% YoY Increase of Revenue in 2021
XPeng, a Chinese smart electric vehicle company, on Monday announced its unaudited financial results for the three months and fiscal year ended December 31, 2021.
3/28/20223 min read
Xiaomi Reportedly Preparing Electric Car Project that Could Launch as Soon as April
Chinese smartphone maker Xiaomi is currently preparing to make its own electric cars and could launch the venture as soon as April, according to Chinese media outlet 36Kr, citing investors close to the company.
3/19/20214 min read
ZEROG Completes Nearly 100 Million RMB Round A Financing, Focusing on eVTOL Project
Chinese eVTOL aircraft developer Zerog has completed nearly 100 million yuan round A financing.
New Energy Leader JinkoSolar Plans to Raise 9.7 Billion Yuan Via Subsidiary's IPO
Globally prominent photovoltaic module manufacturer JinkoSolar Holding Co., Ltd. on Monday completed the IPO of its subsidiary, Jinko Solar Co., Ltd. (Jiangxi Jinko) on the Shanghai Stock Exchange.
1/17/20222 min read