Intelligent Driving Firm MINIEYE Completes D2-Round Financing
Smart vehicle technology firm MINIEYE announced on Monday that it has completed a D2 round of financing worth several hundred million yuan.
2/23/20222 min read
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Xpeng Denies Private Negotiations with the European Union
Xpeng spokesperson reiterated that "Xpeng has not had any private negotiations with the EU", in response to market rumours following an interview He Xiaopeng took at the Paris Auto Show.
Porsche Recalls 94 Cayennes Due to Risk of Losing Control
The State Administration for Market Regulation said in a statement on Friday that Porsche (China) Motors Ltd. has recalled 94 2018-2021 imported Cayenne cars, made from December 5, 2017 to February 10, 2021, as is required by relevant regulations regarding the management of defective cars.
7/23/20212 min read
Alibaba Replaces Manager of Second-Hand Goods Platform Xianyu
Jin Ke, the general manager of Xianyu, a second-hand goods platform owned by Alibaba Group, was officially transferred to AliExpress last week. At present, Alibaba Vice President Liu Bo is directly responsible for Xianyu.
3/31/20222 min read
XPeng's 100,000th P7 Model Rolls Off Production Line
Guangzhou-based EV brand XPeng Motors announced that the XPeng P7, a smart sports sedan, has become its first model to reach the production milestone of 100,000 units.
3/23/20222 min read
Volvo Announces Tie-up with Didi Chuxing to Develop Self-driving Test Fleet, Launches Revamped XC60
Swedish carmaker Volvo Cars announced on Monday that it has signed a deal with China’s largest ride-hailing platform Didi Chuxing to develop autonomous driving cars for a robotaxi fleet.
4/19/20213 min read
Kingsoft Cloud Updates IPO Prospectus, Kingsoft Group and Xiaomi Could Buy $75 Million in ADS
Kingsoft Cloud filed an IPO prospectus update with the US Securities and Exchange Commission (SEC) showing that the company will issue 25 million American depositary shares.
XPeng Restructures Its Autonomous Driving Department
Xpeng has made organizational adjustments to the autonomous driving department, setting up three major functional areas to accelerate AI transformation.
Huawei to Invest in Chang’an NIO?
On Sept. 16, a source said that Huawei may take a stake in Chang’an NIO, a joint venture between Chang’an Auto and leading domestic EV maker, NIO. According to people familiar with the matter, Huawei may not necessarily supply a capital contribution but may invest through its funds instead.
9/16/20203 min read
Pinduoduo signs MoU with Denmark, Aiming to Bring More Danish Products to Chinese Consumers
Chinese interactive e-commerce platform Pinduoduo Inc. signed a memorandum of understanding with the Royal Danish Consulate General in Shanghai on Thursday.
11/6/20202 min read
ByteDance Raises VR Equipment Sales Target
Beijing-based technology firm and TikTok owner ByteDance has raised its 2022 sales target for virtual reality (VR) products from 1 million units to about 1.8 million units.
Mihoyo Invests in Nuclear Fusion, the 'Honghuang 70' Tokamak Main System Deliveres
FusionEnergy issued an announcement stating that the main system of the 'Honghuang 70' Tokamak device was completed and delivered.
10/10/20232 min read