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Shenzhen issued a notice on August 5 that it would provide preferential subsidies worth $309,000 for individual business ventures to help cross-border e-commerce enterprises cope with Amazon's recent suspending of accounts.
On August 15, Beijing-based Circue announced that it has completed round-A financing worth tens of millions of yuan.
A letter circulating on Chinese social media criticizes BYD Passenger Cars' request for a 10% cost reduction from its suppliers, arguing that this practice violates business ethics, potentially jeopardizing the long-term interests of the domestic automotive industry.
The growth rate of electric vehicles in China has been decelerating, and the demand for battery power is lower than expected. CATL, a battery giant, is actively seeking new growth opportunities while pushing for cost reductions. A recent change in personnel is a clear indication of this effort.
01.AI made a high-profile disclosure of its ToB (To Business) solution based on the Yi model.
Tang and his entrepreneurial story may someday become a classic case study taught in business schools. Whether about success or failure, it is certain to be extremely exciting.
Real estate developer Evergrande's automobile arm announced on September 16 that its Hengchi 5 model has started mass production in Tianjin and deliveries will begin in October. The new energy vehicle brand will also accelerate the development of other models.
Electric vehicle maker BYD will release its new EV, the Yuan Plus, on February 19th. This is BYD's first pure electric SUV featuring the company's Platform 3.0.
<p>Ang self-driving car startup Deeproute.ai ay inihayag ng isang mapaghangad na solusyon sa pagmamaneho sa sarili noong Miyerkules. Ang package, na tinatawag na Deeproute-Driver 2.0, ay isang produktibong antas ng 4 na sistema na nagkakahalaga ng halos $10,000.</p>
XPeng, a Chinese smart electric vehicle company, on Monday announced its unaudited financial results for the three months and fiscal year ended December 31, 2021.
Chinese smartphone maker Xiaomi is currently preparing to make its own electric cars and could launch the venture as soon as April, according to Chinese media outlet 36Kr, citing investors close to the company.
Chinese eVTOL aircraft developer Zerog has completed nearly 100 million yuan round A financing.