Dongfeng Motor Invests 50 Billion Yuan to Develop NEV
Recently, at the 2023 Dongfeng Motor brand spring launch event, You Zheng, Vice President of Dongfeng Motor, proposed a three-year action plan for the company's "transformation and upgrading".
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2018: The Year of Capital for Lei Jun
When talking about Lei Jun, people are as likely to mention his role in Xiaomi as his history as an investor. Lei Jun has already invested in numerous Internet ...
China Securities Regulatory Commission Begins Luckin Coffee Investigation
The CSRC has sent an investigative team to inquire into fraud allegations against Luckin Coffee. Several auditors are currently inspecting Luckin’s financial situation.
4/27/20202 min read
Tencent Announces Job Changes for Two VPs
Tencent sent out an internal email on Thursday announcing that due to business needs, Cheng Wu and Lai Zhiming will no longer serve as Vice President and other executive positions.
7/1/20222 min read
Xpeng to Launch True L3 Autonomous Driving by Late 2025
Xpeng CEO He Xiaopeng stated in a February 10 post that by late 2025, Xpeng plans to launch a true L3 autonomous driving system.
2/10/20252 min read
Geely Automobile Sales Hit 100,163 Units, Down 9% Year-on-Year
Chinese automaker Geely Automobile announced on Tuesday that the company's total sales volume in June saw a year-on-year decrease of about 9% and a quarter-on-quarter increase of about 4%.
7/6/20212 min read
WeChat Conducts Internal Testing for Cross-Border E-Commerce Platform
Chinese communications platform WeChat has recently tested a cross-border e-commerce mini program called “Shopping Around World Online,” with Tenpay as the main channel.
2/15/20222 min read
Xiaomi Opens the World's Largest Mi Home Experience Store
Xiaomi CEO shared through a Weibo post on June 2 that the largest Mi Home Experience store in the world is now open in the format of a soft launch in Nanjing wi...
Honda to Become CATL's Second-Largest Battery Buyer After Tesla
Japanese automotive giant Honda Motor announced on December 8 that it will purchase about 123GWh in vehicle batteries from China's CATL from 2024 to 2030. These products will be produced centrally at CATL's Yichun Factory.
Alibaba's AI Cancer Detection Tool Listed on Fortune's 2024 Change the World List
Alibaba Group was selected for the 10th annual Change the World list by Fortune magazine, ranking 8th and becoming the only Chinese company in the top ten.
Baidu's Face Recognition Auto Gate is being tested in Beijing Capital Airport
Baidu has signed a strategic cooperation agreement with the Capital Airport. Both sides will cooperate in fields of intelligent operation, intelligent security ...
Xiaomi Invests in Smartphone Camera Component Developer, Shareholders Include Huawei Hubble
Liaoning Zhonglan Electronic Technology Co., Ltd. (ZET), a leading Chinese leading enterprise in the field of core components of mobile phones, received investments from Xiaomi.
12/10/20212 min read