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Faraday Future announced that in order to solve the problem of personal debt, the founder and CPUO of the company, Jia Yuetin, applied for personal bankruptcy restructuring (Chapter 11) in the United States.
China’s top regulatory body gave the green light on Tuesday for the establishment of Jiangsu Jingdong Cargo Airlines, a new enterprise whose chief investor is led by founder of domestic e-commerce giant JD.com.
Toyota Motor Corporation and DiDi Chuxing (DiDi) announced on July 26 their cooperation in smart transportation services. As part of the deal, Toyota invested $600 million in DiDi and a joint venture company the two enterprises will establish.
Mobile robot manufacturer Beijing J-Elephant Technology Co., Ltd. announced on Wednesday that it has secured nearly 100 million yuan ($15.2 million) in angel and pre-A financing rounds.
Chinese new energy vehicle and battery giant BYD plans to invest 5 million yuan ($695,778) in an expansion project involving Shanghai BYD Co., Ltd. The eastern Chinese metropolis also hosts one of Tesla's Gigafactories in its Lingang New Area, Pudong District.
Lingtan Intelligence, an industrial and commercial energy storage brand, announced on August 5 its completion of a pre-A round of financing totaling 50 million yuan ($7.4 million) led by Eight Roads.
Didi Chuxing announced on November 6 a trial relaunch of Hitch , its P2P ride-sharing service in seven major Chinese cities, at the end of November 2019.
Since the start of the China-U.S. trade war, the United States has repeatedly attacked China's weaknesses, letting more and more Chinese realize the importance ...
A subsidiary of Chinese consumer electronics giant Xiaomi released on July 26 a patent entitled "Map Generation Method, Device, Controller, Server, Storage Medium and Vehicle."
DeepSeek-R1 large model supports one-click deployment to Tencent Cloud's 'HAI', developers can access and call it within 3 minutes.
On April 23, Luckin Coffee, the Chinese Starbucks challenger, filed for official IPO to the U.S. Security Exchange Commission, with the ticker symbol 'LK'.
PingPong, a global provider of digital services for cross-border trade, has entered into a direct partnership with JCB, one of the six major international card issuing organizations.