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On Wednesday, five Chinese regulators have summoned and interviewed 11 ride-hailing firms, including Didi Chuxing and Shouqi, asking them to rectify illegal operation problems and actions that disrupt the market order.
A new round of price wars in the cloud service market is underway. Following Alibaba Cloud's announcement of a comprehensive price reduction for its core products, Tencent Cloud also announced on May 16 that it will reduce prices for multiple core cloud products.
Chinese esports organization LGD Gaming has partnered with Didi Chuxing to sponsor its League of Legends team in the 2020 League of Legends World Championship (Worlds 2020) in Hangzhou.
NE Times' data reveals rapid growth in "three-electric" system installations in new energy passenger vehicles in H1 2023. BYD's subsidiary, FinDreams Battery, leads in various rankings.
On July 5th, the supplier revealed the latest progress on Xiaomi's first car, stating that the quotation process has been completed.
XPeng Motors' announcement on April 4th, 2023, the company upgraded over 160 S2 supercharging stations to S4 fast-charging stations in the first quarter. Additionally, it added another 349 third-party free charging stations in Q1.
DeepWay, a smart new energy truck company, announced on August 23 that it has secured 460 million yuan ($67.19 million) in Series A financing. This is the first round of external financing for DeepWay.
Leading Chinese EV maker Xpeng Motors (stock code: XPEV) kicked off trading on the New York Stock Exchange on the evening of Aug. 27 (Beijing Time) with an opening price of $23.1, soaring 56% from the issue price of $15 per share.
RoboSense, a provider of smart LiDAR sensor systems, announced on February 7 its partnership with Toyota, a Japanese multinational automotive manufacturer, on large-scale production with orders for multiple models.
Pinduoduo, China’s third largest e-commerce platform is making efforts to diversify its business by launching new services.
Three battery projects belonging to Chinese electric vehicle firm BYD in the country's southern Guangxi Zhuang Autonomous Region have reportedly made new progress, intended to provide support for the EV maker's exploration of ASEAN markets.
Trending milk tea chain Chayan Yuese (茶颜悦色) has fallen under harsh criticism recently in response to its use of sexist jokes in advertising campaigns.