Rumor says Bilibili Plans US IPO in Q1, Valued $3B or More
Bilibili is rumored to be going public in the US in the first quarter of 2018, valued at $3 billion to $3.5 billion. Bilibili declined to comment. SEE ALSO: Li...
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BYD Launches Yuan Plus, Reaches Cooperation With Uzbekistan's UzAuto
The BYD Yuan Plus, the first A-class SUV from the Shenzhen-based company's all-electric e-platform 3.0, on February 19 simultaneously entered the Chinese and Australian markets.
2/21/20222 min read
Huolala Ventures into Electric Vehicle Manufacturing
Recently, Huolala officially submitted its IPO application to the Hong Kong Stock Exchange. It is worth noting that in the application, Huolala officially mentioned its car-making project: the company is using its experience in existing vehicle leasing and sales services to explore new business opportunities, such as developing electric commercial vehicles.
4/4/20233 min read
Li Auto Delivers 2,711 Units in August, New High for Monthly Deliveries
Chinese EV maker Li Auto announced its August delivery data on Sept. 2, which shows that the company delivered 2,711 Li ONE vehicles, the first and sole model of Li Auto, in August, a record high in monthly deliveries.
Didi Set Shares Price Three Days After Listing, Reportedly To Raise More Money
The latest news shows that Didi Chuxing, a Chinese online ride-hailing giant, has been wooed by US stock investors.
6/30/20212 min read
After Two Rounds of Financing, Black Sesame Technologies Valued at More Than 10 billion Yuan, Xiaomi Leads Investors
Black Sesame Technologies, also known as BST.AI, is a high-tech company committed to research and development of autonomous driving computing chips and platforms.
9/22/20212 min read
Li Auto Aims to Deliver Over 30K EVs Per Month in Q2
Chinese electric vehicle maker Li Auto witnessed its revenue in the fourth quarter last year increase by 66.2% year-on-year to 17.65 billion yuan ($2.54 billion). Its 2022 revenue was 45.29 billion yuan ($6.53 billion), up 67.7% year-on-year.
2/28/20232 min read
CATL Sues SVOLT for Unfair Competition
Ningde Intermediate People's Court of Fujian Province is preparing to hear a lawsuit later this month in which Contemporary Amperex Technology Co., Limited (CATL) is suing SVOLT on the grounds of unfair competition.
2/14/20222 min read
Apple Took Half of Smartphone Sales in China's 6.18 E-Commerce Festival
According to new research from Strategy Analytics, 14 million smartphones were sold during the "6.18" online shopping festival in China this year, down 25% year-on-year.
Tencent's dream to beat Toutiao
On March 24th, when Tencent announced COO Mark Ren as the new president of Online Media Group (OMG), it heralded a new era for Tencent to compete with Toutiao, ...
OPPO Find X: New Flagship with No Notch at €999, Lamborghini Edition at €1699
OPPO launched its latest flagship device, Find X, at the Louvre in Paris on June 19. The high-end smartphone from one of the largest smartphone makers in the wo...
6/20/20183 min read
NETA Auto Tops Delivery Volume Ranking of Chinese NEV Companies in August
On September 1, mainstream Chinese new energy vehicle (NEV) enterprises announced their delivery results for the month of August. The delivery volume of NETA Auto was 16,000 units, ranking first in the delivery list of new Chinese carmakers in the month.
9/2/20224 min read