Horizon Robotics and Volkswagen Group's Software Company CARIAD Announce Establishment of Joint Venture
On December 8th, Horizon Robotics and CARIAD announced the official establishment of the companies' joint venture CARIZON.
12/8/20231 min read
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Porsche to Accelerate the Development of Autonomous Driving in China's Hefei
The local official of Hefei, Anhui Province recently announced that Eberhard Weiblen, President and CEO of Porsche Consulting, visited the city. This news has led to market speculation that Porsche may establish its first vehicle production factory in China.
5/10/20232 min read
Oppo Executive Denies Public Speculation Regarding Possible Vehicle Production
n response to previous reports about Oppo's entry into the automotive field, Bo Liu, President of Oppo China, affirmed that "there is no need for the company to produce vehicles at present".
7/7/20213 min read
Seetrum Receives Pre Round A of Financing, Focusing on R&D of Spectral Chips
On Wednesday, Seetrum, the core technology supplier in the spectral chip industry, received several hundred million yuan in Pre-Round A financing.
12/29/20213 min read
HAOMO.AI Responds to the Company's 'Hong Kong IPO Process Being Halted': Not True
HAOMO.AI stated that the recent media reports about 'HAOMO.AI temporarily postponing its IPO' are not true.
NIO Establishes Lithium Battery Lab in Shanghai
NIO plans to build a new R&D project in Shanghai, including 31 labs for the R&D and trial production of lithium-ion battery cells and battery packs. The investment totals 218.5 million yuan ($32.75 million).
5/24/20222 min read
Taobao Has Opened WeChat QR Code Payment Function for Some Users
Taobao's WeChat QR code payment function is still gradually being rolled out. Currently, it is only available to some users and only certain products support this payment method.
10/17/20232 min read
A Review of Cotti Coffee's First Store in Shanghai Created by Former Team Member of Luckin Coffee
Cotti Coffee, a new coffee brand created by Luckin Coffee's original core team, opened its first store in Shanghai in November, situated next to an outlet of its competitor, Starbucks. The coffee brand is also the sponsor of Argentina, the 2022 World Cup champion.
12/23/20223 min read
Xie Zhenye Sets New Record Among Asian Runners: Here Is What We Think
Chinese sprinter Xie Zhenye made history on Sunday finishing first in IAAF Diamond League in London.
7/23/20194 min read
Pinduoduo’s Consumer-to-Manufacturer Model Helps Brands Domestic Sales During Pandemic
For a number of China’s export-dependent manufacturers, the pandemic was a big blow as some Chinese companies saw their export orders had decreased greatly.
9/12/20204 min read
Genshin Impact Xiangling x OnePlus Ace 2 Smartphone Released, Priced at $538
Chinese smartphone maker OnePlus released the OnePlus Ace 2 Genshin Impact Customized Gift Box, which will be available for sale on April 24.
4/17/20232 min read
Hotpot Chain Haidilao’s Market Value Plunges 50% after Extensive Expansion
The stock price of China’s most popular hotpot chain Haidilao came to a low this week with the company's market value plunging over 50% after an extensive expansion during the Covid epidemic.
6/23/20213 min read