Showing 12 of 13056 posts
Owners of Li Auto's Li ONE model have been registering online complaints regarding the firm's September 1 announcement that it will be upgraded and sold with a discount of $2,885, and that production of the vehicle will be stopped next month.
On September 6, Keep, a Beijing-based sports tech firm, updated its prospectus on the Hong Kong Stock Exchange (HKEx).
On July 3rd, the new BYD Denza's SUV model, DiSus N7, officially launched tonight, while BYD globally debuted its "Advanced Intelligent Driving Assistance System" with the design concept of "God's Eye," realizing comprehensive vehicle companionship, assistance, and rescue in all scenarios.
On March 19, He Xiaopeng announced during Xpeng' earnings call that the company will significantly accelerate the expansion of its overseas business in 2024.
BEST Inc., a China-based smart supply chain solutions and logistics services provider, announced on Thursday that it has received notice from the New York Stock Exchange that the company has regained compliance with listing standards.
ByteDance, the parent company of TikTok, has strategically invested in Xinyuan Semiconductors, a China-based memory chip manufacturer, according to recent corporate records.
California Governor Gavin Newsom visited Shenzhen on Tuesday, and test drove a BYD electric car.
Mauna Kea Semiconductors (MKSemi), a low-power ultra-wideband (UWB) company, recently announced the completion of a Pre A+ round of financing, raising over 80 million yuan (about $12.6 million).
Marvell, a US-based chip designer, has reportedly decided to dissolve all of its Chinese research and development (R&D) teams. Marvell had already undergone significant layoffs in China in October of last year.
Today, 36Kr reported that Huawei plans to form a joint venture with Volkswagen Group to develop its autonomous driving technology. However, this rumor has been denied by Huawei.
In last week’s VC news, blockchain startup Rangers Protocol brought its valuation to $63 million, investment firm Yinke PE closed a new RMB-denominated fund, UAE fund poured funds into a Chinese trucking startup and cross-border fashion e-commerce platform Doublefs raised as much as $100 million.
This Tuesday(March 26), China Aviation Supplies Holding Company announced its 35 billion-dollar deal with Airbus. Signed during President Xi Jinping's visit to France, the order covers 290 planes from the A320 family and 10 from the A350 line.