China Archives - Page 3 of 118

Bosch China Responds to Global Layoffs: Not Affecting China Region

BOSCH China responds to global layoffs: This round of layoffs does not involve the Chinese region.

Polestar and Zeekr Integration Temporarily Halted

Polestar is much smaller than Lynk & Co, but compared to the integration between Lynk & Co and Zeekr, the merger between Polestar and Zeekr faces greater challenges and more internal disputes.

Tesla’s New Model Y Begins Parallel Production at Shanghai Factory as Current Model Sees Price Reduction

The new car will be equipped with a front face design similar to the new Model 3, and the interior will also be consistent with the new Model 3, also eliminating the gear lever next to the steering wheel and replacing it with screen shifting and button turn signals.

Intelligent Driving Solutions Provider Freetech Aims for Listing in Hong Kong Stock Exchange

Freetech is a leading supplier of intelligent driving solutions, covering Advanced Driver Assistance Systems (ADAS) and Autonomous Driving Systems (ADS) technologies.

Former Employee Exposes Great Wall Motors’ Massive Layoffs

A former employee of Great Wall Motors recently accused the company of large-scale layoffs, impacting hundreds of employees. The company allegedly orchestrated these layoffs through non-consensual job reassignments and pay cuts. The informant claimed that she was transferred from a technical role to a warehouse management position based on the grounds that she had received […]

DJI Agriculture Releases T100 and T70 Series Drones

On November 25th, DJI Agriculture released the T100 and T70 series drones.

Tim Cook Visits China for the Third Time This Year

Apple CEO Tim Cook made his first appearance at the CISCE, marking his third visit to China this year.

BYD and NIO Deny Plans to Establish A Joint Venture Company

Both BYD and NIO have denied that they will establish a joint venture company.

Realme Announces Neo Series Independence, Neo7 Phone Coming Next Month

On November 25th, realme officially announced that the Neo series will be independent, and the realme Neo7 phone will be released next month.

ATRenew Posts Record Profit in Q3 2024 as Diversification and Self-operated Retailing Drive Growth

ATRenew, a leading platform for pre-owned consumer electronics transactions and services, announced its Q3 2024 financial results, showcasing robust growth and operational milestones.

Haomo.AI Responds to Layoffs: Normal Organizational Adjustment

Haomo.AI responds to layoffs: Normal organizational adjustments based on business development, only a small number of employees in functional departments affected.

Xiaomi Plans to Launch Its Second Car Model in March or April Next Year

There are reports that Xiaomi's second car model is planned to be launched in February or March next year, and it will be a battery electric SUV.

Alibaba Integrates Domestic and International E-Commerce, Establishes E-Commerce BG

Alibaba establishes e-commerce business group to integrate Taobao, Tmall, international digital commerce group, and other e-commerce businesses.

01.AI Plans to Establish An Independent AI Gaming Company

01.AI is currently planning to spin off an AI application company, which will be based on 01.AI's large models to develop applications in areas such as gaming.

AI Startup Prosocial Intelligence Acquired by Ant Group

The AI startup company Prosocial Intelligence has confirmed its acquisition by Ant Group. The company will operate independently, but the investors have already exited.

Royole Technology Declares Bankruptcy and Is About to Face Asset Auctions

Flexible display maker Royole Technology declares bankruptcy and is about to face asset auctions.

Moonshot AI’s Yang Zhilin Claims to Have Taken the Initiative to Reduce Business

The founder of Moonshot AI, Yang Zhilin, said that the return of AI talents to large companies is an industry norm and has taken the initiative to streamline business operations.

DJI Announces New Product Launch on November 26, Likely Mic Mini

DJI announced that it will release a new product at 21:00 on November 26, 2024 Beijing time. This mysterious new product is expected to be the Mic Mini microphone.

Zhipu AI and Doushen Education Establish Joint Venture Company for AI Education Products

Despite recent fluctuations in its stock price, Doushen Education remains focused on expanding its AI education offerings and solidifying its position in the market.

Rokid Glasses Released, AR Glasses Enter the Consumer Era

On November 18th, Rokid launched a new generation of AI + AR glasses in collaboration with BOLON, named Rokid Glasses, showcasing its rich content ecosystem to the industry.

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