CATL Has Established A Team to Independently Develop Industrial Robots
CATL has set up a team in Shanghai to independently develop industrial robots and plans to invest in humanoid robot companies.
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Chinese Companies Sue Amazon Over Bans for Paid Reviews
Chinese companies have filed a class action lawsuit against Amazon on September 13, accusing the platform of illegally banning and withholding funds on the grounds of paid reviews.
9/30/20213 min read
Semisight Secures Millions from Angel Investors
Recently, Semisight announced the completion of an angel round of investing worth of tens of millions of yuan. The deal was by Hui Capital and followed by Plum Ventures.
3/25/20222 min read
Li Auto Provides Limited-Time Insurance Subsidy for L9/L8/L7 Models
Li Auto announced today that, to celebrate the one-year anniversary of Li L-Series deliveries, cumulative deliveries have exceeded 250,000 vehicles and they are launching a limited-time insurance subsidy campaign.
8/30/20232 min read
China’s EV Race Gets More Serious as Tesla Strengthens its Foothold
Tesla is on track to topple BYD as the world's largest NEV manufacturer. To make things worse, now that Tesla has a factory in China, its low-end products are priced almost at the same level as BYD's high-end products.
Geely's Flying Car Subsidiary Bags Training Qualification of Tiltrotor Drone Certification in China
Geely announced that its flying car subsidiary Aerofugia had obtained the training qualification certificate from China's Aircraft Owners and Pilots Association (AOPA) for its tiltrotor unmanned aerial vehicle (UAV).
10/18/20223 min read
Newest Flagship Device Carrying Snapdragon 8+ Gen 1 Could Be Released in July
On May 20, Qualcomm officially released the latest Snapdragon 8 + Gen 1 mobile platform. A Chinese digital blogger said on May 27 that the first batch of smartphones equipped with this platform will be released in July.
Live-Streaming Platform Inke Goes Public in Hong Kong
Inke Inc. welcomed its first trading day on July 12 on the Hong Kong Stock Exchange, starting with a 40 percent surge on its share price within the first 15 min...
Tesla's New Model 3 Enters Mass Production at Gigafactory Shanghai
On August 17th, it was reported that the production of the new model of Tesla's Model 3 has started at Gigafactory Shanghai.
Ride-hailing App Dida Plans Hong Kong IPO Amid Market Challenges
Dida has made four attempts so far to apply for an IPO in Hong Kong and has garnered the support of several renowned investment firms, including NIO Capital and IDG.
2/8/20242 min read
NIO May Unveil Interior of ET5 at Chengdu Auto Show
The interior of the NIO ET5 vehicle model may be officially unveiled during the Chengdu Auto Show 2022, during which consumers will be able to experience it for themselves.
7/21/20223 min read
Mihoyo Undergoes Major Personnel Shift as Founder Cai Haoyu Takes Step Back
Mihoyo has recently undergone significant personnel changes, with founder Cai Haoyu further stepping back from the forefront.