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Tesla announced on May 5th that it would increase the prices of Model S and Model X by 19,000 yuan ($2,747) effective immediately in China. As a result, the starting price for Model S is now 808,900 yuan while the starting price for Model X is 898,900 yuan.
E-commerce platform Temu (pronounced tee-moo) made a big splash at this year's Super Bowl with its commercial, "Shop Like a Billionaire."
“There are two 18-year-olds, one in China, the other in the United States, both poor and short on prospects. You have to pick the one with the better chance at upward mobility. Which would you choose?”
Innovation Union, an industrial internet technology services platform, has recently secured tens of millions of yuan in a round A+ of financing from Plum Ventures.
On September 30, two subsidiaries of Geely’s Volvo Cars and Zhejiang Haoqing Automotive Manufacturing Co., Ltd., an automobile manufacturing company that produces Volvo cars, issued a recall plan in China.
Beijing-based commercial aerospace firm GalaxySpace announced on September 7 that it has completed a new round of financing, bringing it to a post-investment valuation of about 11 billion yuan ($1.58 billion).
Autonomous driving startup Autowise.ai has announced its completion of a B2 round of financing totaling 200 million yuan ($29.8 million).
China launched crewed spaceship Shenzhou-14 on June 5, sending three astronauts to its space station for a six-month mission.
Recently, Kia China's COO stated during a media briefing after the Kia EV5 static evaluation event that it is impossible for Kia to withdraw from the Chinese market.
On July 27, Chinese tech firm vivo's Communications Research Institute released its third 6G white paper titled "6G Services, Capabilities and Enabling Technologies". It also showed four 6G technology prototypes and their current status.
Months after Xiaomi launched its Redmi Note 9 series overseas, the budget-friendly smartphone is now available to Chinese users.
Hello Inc. launched a new smart flagship electric two-wheelers, the ME70, on Tuesday, powered by a 72V-44Ah automotive-grade lithium battery from CATL, and has a range of up to 200 kilometers.