CATL Accelerates Overseas Expansion
Zeng stated that despite the fierce competition in the domestic market, CATL's global market share last year has caught up with LG, demonstrating vast potential for growth.
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Tesla Apologizes For Blaming Charging Failure on China’s State Grid
Tesla apologized on Monday for asserting blame on the State Grid following a charging incident with one of its vehicles in east China.
Huawei Founder Uncovers the Far Side of the Company
Ren Zhengfei, founder of Huawei and father of Meng, stepped into the spotlight on Jan. 17 to shed light on the recent turn of events involving the Chinese tech giant.
Major Tencent Shareholder to Reduce Stakes For Buyback Plan
Tencent released an announcement on Monday at the Hong Kong Stock Exchange, stating that the company's major shareholder, Prosus, which is mostly owned by Naspers, would sell its shares.
6/27/20223 min read
Crypto Exchange Huobi Acquired by About Capital, Founder Steps Down as Shareholder
Huobi Global, a leading crypto exchange, has agreed to be purchased by Hong Kong-based investment company About Capital Management (HK) Co., Limited. Leon Li, Founder and CEO of Huobi, will no longer serve as the shareholder and actual controller of the company.
10/8/20222 min read
Zhizu Power Exchange Secures Round-B Financing of $17.2 Million
On Wednesday, Zhizu Power Exchange, an intelligent power exchange enterprise for electric two-wheel vehicles, announced the completion of a B round financing worth 110 million yuan ($17.2 million).
Vivo Launches OriginOS at 2020 Developer Conference
Vivo revealed its new Android operating system OriginOS at the 2020 Developer Conference. OriginOS offers an array of original features and different customization options.
11/19/20202 min read
Xiaomi CEO Lei Jun Says Overseas Business Now Covering All 10 ASEAN Countries
Lei Jun stated at the 16th China-ASEAN Expo which kicked off on September 21 that Xiaomi’s overseas business is now covering all 10 ASEAN countries.
BYD and Other New Energy Vehicle Firms Join Price War
With the price war among Chinese fuel vehicle brands accelerating, there are signs of a price reduction trend for new energy vehicles as well.
4/12/20233 min read
DJI Negotiates to Produce Drones in the U.S.
The world's largest drone manufacturer DJI is planning to strengthen its U.S. presence by promoting cooperation with local government agencies and building a new plant in the country.
7/12/20192 min read
Xiaomi Announces Recruitment of Professional Drivers for L4-level Capability
Lei Jun, founder of Xiaomi, one of China's biggest Internet technology companies, said on Wednesday that the company had started hiring experts in the field of autonomous driving with the first batch of 500 technicians to develop the autonomous driving ability for its L4 line of vehicles.
7/28/20213 min read
CowaRobot acquires 135 million yuan in Series B financing led by Softbank and CCV
Remember the unmanned ground sweeper landed in Changsha, Hunan last week? On May 18, Cowarobot acquired 135 million yuan ($21 million) in its Series B financin...
5/22/20183 min read