Corruption Strikes Drone Giant DJI
DJI, the world’s leading maker of consumer drones, discovered extensive corruption within the company.
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Geely Teams Up with Tencent to Develop Self-Driving, Smart Car Technologies
China’s Zhejiang Geely Holding Group said it has teamed up with Tencent to develop smart vehicle technologies, the newest cross-industry partnership between traditional automakers and tech giants.
1/20/20212 min read
Xiaomi Auto to Use Batteries from CATL and BYD
Power batteries are one of the core components of Xiaomi Auto, and the company has finalized two suppliers, CATL and FinDreams Battery, which is owned by BYD.
Beijing to Stop Online Tutoring of Senior High School Students During Winter Vacation
Beijing regulators have interviewed many leading online tutoring companies this week, asking them to stop selling courses targeted at senior high school students during winter vacation and to refund any fees paid.
1/27/20222 min read
Tesla Establishes over 1,200 Supercharger Stations on Chinese Mainland
Tesla China said on July 3 that it has to date opened more than 1,200 supercharger stations and over 8,700 super charging piles on the Chinese mainland, covering more than 370 cities and regions.
Jianzhi Education Files IPO in the United States after Being Rejected at Home
On July 13th, EST, Jianzhi Education submitted its prospectus to the Securities and Exchange Commission (SEC), eyeing to raise $50 million. The pricing terms were not disclosed.
7/14/20213 min read
Xiaomi EV's Joint Venture with CATL Has Been Officially Established
Xiaomi EV's joint venture with CATL officially established, with a capital injection of 1 billion yuan, focusing on battery manufacturing.
Brands Turn To Live-Streaming As China Returns To Work
Taobao Live, Alibaba Group’s live-streaming platform, saw a sharp rise in brand activity this past month as merchants slowly resumed operations amidst the novel coronavirus outbreak.
3/12/20204 min read
Chinese Social Media Giant Weibo Denies Purchasing Parent Company Sina
A recent announcement by leading Chinese social media platform Weibo revealed that it plans to acquire 100% equity of Sina Technology (China) Co., Ltd., leading to speculation that it will also acquire Sina, its parent company.
12/26/20222 min read
DJI Released DJI Goggles RE: New Image Transmitting Module for 3,999 yuan
No more than half a year ago, when DJI Goggles was still under engineering development, its Spark motion model already proved to be impressive with capturing th...
Machine Vision Sensor Firm Sincevision Completes Round B+ Financing
Machine vision sensor firm Shenzhen Sincevision Technology Co., Ltd. recently announced it has secured several hundred million yuan in round B+ financing.
2/14/20222 min read
New Model Added to BYD Qin Plus DM-i Series
BYD's Qin Plus DM-i Executive Edition has entered the market with a price tag of $24,853. The new car still maintains the current model design, equipped with a special 1.5 L high-efficiency engine and a pure electric cruising range of 55 km.
5/24/20222 min read