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On July 27th, Chinese battery manufacturer SUNWODA announced today that the company plans to establish an electric vehicle power battery factory in Hungary, with an initial investment of up to ¥1.96 billion ($274 million).
The estimated total green financing required in China from 2020 to 2060 to achieve its carbon neutrality target is about 140 trillion yuan ($20.7 trillion) in the power, steel, transportation, construction and real estate sectors.
Cheetah mobile, the Chinese mobile internet company, recently went through an internal incident concerning sending red packets.
Chinese electric-vehicle maker Leapmotor is considering an initial public offering in Hong Kong that could raise at least $1 billion and happen as soon as next year, Bloomberg reported Tuesday. Leapmotor denied the report.
On May 31st, it was reported that Tesla China reopened the reservation page for the new Roadster electric sports car on the evening of May 30th. The deposit remains at RMB 332,000 (about $46,700 USD) and can be refunded at any time before delivery.
Midea Group issued announcements via an interactive platform for investors, saying that after its entrance into the field of computer chips in the second half of 2018, mass production of the products began in 2021.
On May 22nd, the Long March 2F Y16 rocket carrying the Shenzhou-16 manned spacecraft mission was transported vertically to the launch area at Jiuquan Satellite Launch Center, China.
iAuto plans to invest $1 billion in Human Horizons, fully supporting HiPhi Auto's plan to resume business operations and vehicle production.
On December 16, Vivo released their newest smartphones — the vivo X30 series, with 5G technology and powerful cameras.
TikTok, the international version of Douyin, a short-video app developed by ByteDance, generated $176.9 million in revenue in 2019, growing fivefold since 2018.
Episode 54 of TechBuzz China is about the rise of the influencer and idol economies in China, which is a major trend that has created an entirely new ecosystem online.
China's National Press and Publication Administration on July 12 released this month's approval information for new domestic online games, granting licenses for 67 titles.