CATL Power Battery Factory in Shanghai Resumes Production
Chinese battery maker Contemporary Amperex Technology Co., Ltd. (CATL) had resumed production at its factory in Shanghai on Monday. The factory manufactures power battery modules.
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Amazon Purchases 1,000 Self-Driving Truck Systems from Plus, Marking a Further Step Towards Autonomy
Amazon Inc. has purchased 1,000 autonomous driving systems from self-driving truck technology startup Plus, the Chinese firm said in a regulatory filing, according to a report by Bloomberg.
6/22/20212 min read
Faraday Future Annual Report: "May Never Achieve or Maintain Profitability"
The annual report shows that in 2023, Faraday Future had revenue of $800,000 and a cost of sales of $43 million, both of which were zero in the same period of the previous year.
5/29/20242 min read
China VC Weekly: EVs, Food and China Renaissance’s New Fund
China Renaissance’s Huaxing Growth Capital raises new $600 million fund
9/14/20204 min read
U.S. Aims to Block Huawei from Seeking Patent Damages
Marco Rubio, U.S. Senator (R-FL), filed legislation on Monday that would prevent Huawei Technologies Co Ltd from seeking damages in U.S. patent courts.
Alibaba Pursues Primary Listing on Hong Kong Stock Exchange
Alibaba Group announced on July 26 that its board of directors has authorized the company’s management to apply for a primary listing on the Main Board of the Hong Kong Stock Exchange (HKEx).
7/26/20223 min read
Sodium-Ion Batteries Draw Attention in China as Lithium Prices Soar
As tight supply of lithium resources sends prices skyrocketing, more cost-effective sodium-ion batteries are now attracting the attention of various parties within the Chinese market.
Xpeng Obtains ISO 27001 and ISO 27701 Certification, Meeting Global Standards for Information Security and Privacy Protection Management
Chinese EV maker Xpeng announced on Tuesday that it has obtained the ISO 27001 (Information Security Management System) and ISO 27701 (Privacy Protection Management System) certifications.
12/8/20212 min read
Xiaomi 12 Smartphone Series Tipped to Still Have 12T Model
On July 5, news emerged that there is still a 12T model in the Xiaomi 12 series, which is codenamed "Plato" and will be equipped with a MediaTek Dimensity 8100-Ultra chipset.
7/5/20222 min read
Alibaba-backed AutoX Rolls Out Fully Driverless Robotaxis in Shenzhen
Commuters in Shenzhen will now be able to test out AutoX’s fleet of fully driverless vehicles in a robotaxi pilot program, marking another milestone for the autonomous driving startup.
1/28/20212 min read
BYD Dolphin Buyers Complain about Quality Issues
Recently, the unknown white particles floating out of the air conditioner outlet of BYD's Dolphin model has caused some discussion. As a result, nearly 400 consumers in Wenzhou City, Zhejiang Province went in a group to local regulators to complain about the Chinese EV maker.
Baidu Executive Discusses Use of Tech for Solving Environmental Problems at COP15
Jackson He, the senior vice president of Baidu and general manager of the firm's Mobile Ecological Business Group, on December 17 participated in the China pavilion for the second phase of the COP15 to share the firm's innovative exploration and achievements in ecological protection.
12/18/20223 min read