XPeng Founder Steps Down as Chairman of Flying Car Division
He Xiaopeng, the founder of Chinese EV maker XPeng, recently stepped down as chairman of XPeng Aeroht, an affiliate of XPeng and a flying car company.
9/28/20224 min read
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2018 World's Most Innovative Companies: Tencent Ranks Fourth; DJI and Toutiao Listed
Fast Company released the 2018 edition of the World's Most Innovative Companies. Among the top 50 most innovative companies, Apple, Netflix, and Square were the...
2/23/20183 min read
WM Motor Provides Support for Restructuring Leopaard
On July 15, six vehicle companies including Leopaard began to undergo merging and restructuring. Hongdian New Energy, with Chinese EV startup WM Motor as a shareholder, has been chosen as the exclusive investor for restructuring.
7/18/20223 min read
OPPO Patent for Double-Hinged Foldable Smartphone Leaked
Guangdong-based smartphone brand OPPO is developing a unique foldable mobile device with double hinges, which allows the three-camera system to be flipped to the front.
2/4/20222 min read
Baidu's Apollo Go Launches Fully Unmanned Automatic Driving Travel Service in Beijing
On March 17th, Baidu's Apollo Go was allowed to carry out a demonstration of its unmanned automated driving service in Beijing. This is the first time in the world that unmanned motor vehicles have been implemented in a capital city. So far, Apollo Go has started unmanned automated driving travel services in Beijing, Wuhan and Chongqing.
Tesla Enters the Data Center Market to Build the First of Its Kind Data Center
August 15th, Tesla announced that it will build the "first of its kind" data center. The company is currently recruiting personnel for this project and acquiring some existing data centers.
Smart Automation Firm Laiye Secures $160M in Round-C Financing to Accelerate Global Rollout
Intelligent automation company Laiye announced Tuesday its completion of round-C financing totaling $160 million, following the latest tranche of $70 million led by HOPU Magnolia.
4/19/20222 min read
Ofo Affiliate fined RMB13.41 Million by Court
（Source: The Straits Times) On June 23, Tianyancha App showed that Dongxia Datong Company was listed as a judgment debtor by the Haidian District People's Cour...
6/24/20213 min read
HoloMatic Signs Investment Agreement with GAC Capital
On 29 October, HoloMatic (Beijing) and Guangzhou Automobile Group Co., Ltd. (GAC Group) signed an agreement in Guangzhou to deepen their cooperation.
11/2/20213 min read
Newsletter: Huawei CFO Arrested — China and US Face Fragile Truce
Here is this week's roundup of China tech stories. China now houses some of the world’s most lucrative brands. Have you ever wondered if there is any sec...
12/14/20182 min read
Xiaomi to Launch 10 More 5G Smartphones in 2020
Chinese smartphone maker Xiaomi plans to launch more than 10 5G smartphones in 2020, company CEO Lei Jun said on October 20 at the World Internet Conference.
Meituan Launches New Marketing Tools for Food Delivery Business
Shortly after the release of the financial report, Meituan, a Beijing-based e-commerce platform for life services, began to accelerate its efforts. On March 27, Meituan announced that it would introduce several marketing tools for its food delivery business.