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The race to become the leader of clean energy vehicles in the world’s largest auto market is on, with more and more tie-ups established between China’s tech giants and traditional automakers.
Smart vehicle technology firm MINIEYE announced on Monday that it has completed a D2 round of financing worth several hundred million yuan.
Xpeng spokesperson reiterated that "Xpeng has not had any private negotiations with the EU", in response to market rumours following an interview He Xiaopeng took at the Paris Auto Show.
The State Administration for Market Regulation said in a statement on Friday that Porsche (China) Motors Ltd. has recalled 94 2018-2021 imported Cayenne cars, made from December 5, 2017 to February 10, 2021, as is required by relevant regulations regarding the management of defective cars.
Jin Ke, the general manager of Xianyu, a second-hand goods platform owned by Alibaba Group, was officially transferred to AliExpress last week. At present, Alibaba Vice President Liu Bo is directly responsible for Xianyu.
Guangzhou-based EV brand XPeng Motors announced that the XPeng P7, a smart sports sedan, has become its first model to reach the production milestone of 100,000 units.
Swedish carmaker Volvo Cars announced on Monday that it has signed a deal with China’s largest ride-hailing platform Didi Chuxing to develop autonomous driving cars for a robotaxi fleet.
Kingsoft Cloud filed an IPO prospectus update with the US Securities and Exchange Commission (SEC) showing that the company will issue 25 million American depositary shares.
Xpeng has made organizational adjustments to the autonomous driving department, setting up three major functional areas to accelerate AI transformation.
On Sept. 16, a source said that Huawei may take a stake in Chang’an NIO, a joint venture between Chang’an Auto and leading domestic EV maker, NIO. According to people familiar with the matter, Huawei may not necessarily supply a capital contribution but may invest through its funds instead.
Chinese interactive e-commerce platform Pinduoduo Inc. signed a memorandum of understanding with the Royal Danish Consulate General in Shanghai on Thursday.
Beijing-based technology firm and TikTok owner ByteDance has raised its 2022 sales target for virtual reality (VR) products from 1 million units to about 1.8 million units.