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Tesla received state subsidies for 101,082 vehicles sold in the country in 2020, for a combined total of 2.12 billion yuan ($329 million), according to data released Monday by China's Ministry of Industry and Information Technology (MIIT).
Liu Tao, the co-CEO of Alibaba-backed IM Motors, commented on a recent fatal incident involving a Tesla vehicle in China. The executive believed that the Amercian EV maker had resorted to incredible excuses and even caused vehicle owners to monitor brake pedals with cameras.
Baidu announced its unaudited financial results for the fourth quarter and full year of 2019.
Following US sanctions against Huawei in September and the recent UK bans against installation of Huawei equipment in the country’s 5G network development
On Tuesday, some netizens discovered something new in their Vivo Health App: the appearance of a second generation smartwatch.
Enjoy Move, an intelligent driving high-performance computing software platform, announced on July 28 its completion of B1-round financing totaling nearly 100 million ($14.8 million).
During the BYD 2022 annual report communication meeting, Chairman Wang Chuanfu shared his perspective on autonomous driving in a clear and honest manner. He dismissed unmanned driving as impractical and misleading, emphasizing that advanced assisted driving is the way forward for future development.
Recently, FAW-Volkswagen, Mercedes-Benz and other car companies have trended on Chinese social media because of their pop-up advertisements displayed in their vehicle systems. In fact, Great Wall Motor's HAVAL and NIO car owners have posted a few times about the same problem.
Biofabrication firm MicroCyto has announced its completion of angel investment totaling nearly 100 million yuan ($15.0 million). The leading investor was Matrix Partners.
Xpeng Motors announced on December 11 that they had entered a partnership with NIO Power to collaborate on battery charging services, to optimize the charging experience for customers.
XPeng Motors Chairman He Xiaopeng predicts that Robotaxi will reach a turning point in two years and suggests major car companies to transition to end-to-end technology.
Super Camel, an intelligent freight services platform, announced it has obtained nearly $10 million in pre-A round financing. The lead investor was BlueRun Ventures and the co-investor was Chuxin Capital.