XPeng Iron L3 Humanoid Robot Will Be Mass-Produced Next Year
XPeng Iron humanoid robot has been put into use at the Guangzhou factory and plans to achieve mass production of L3 initial capabilities by 2026.
Tag: #China
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ByteDance Denies the Rumor of Placing A 1 Billion Yuan Order with Cambricon
ByteDance denies placing a 1 billion yuan chip order with Cambricon.
3/11/20252 min read
NIO Quietly Lays Off Employees, Involving Multiple Departments Including UR Fellow
Last week, NIO made various degrees of layoffs and adjustments to departments such as UR Fellow, PT Energy Department, NIO House operations, after-sales stores, and terminal sales teams.
Richard Li-Backed Insurer FWD Group Reattempts Hong Kong IPO
On March 13, FWD Group, the Hong Kong-based insurer backed by tycoon Richard Li Tzar-kai, resubmitted its application to be listed on the Hong Kong Stock Exchange.
3/14/20233 min read
AR Tech Firm Nreal Bags $15M in New Funds
Nreal, an augmented reality technology startup, announced on August 25 that it has received strategic investment of $15 million from IICOMBINED, the parent company of South Korean sunglasses brand Gentle Monster.
8/26/20223 min read
Miniso Releases New Brand Strategy Amid Record High Gross Margin
On the 10th anniversary of its founding, Miniso, a Chinese discount retailer of lifestyle and household goods, announced its updated global brand strategy.
NIO Pilots New Battery Swapping Service Based on Daily Charging
On October 27, Chinese electric vehicle maker NIO upgraded its battery swap service and started a new pilot program. NIO car owners can now use a larger battery pack through a paid service on a daily basis.
10/28/20223 min read
Tencent Responds to the Collective Server Crash of Popular Games in the Early Morning
On the early morning of January 12th, multiple popular game servers under Tencent experienced issues simultaneously, resulting in a large number of online players being disconnected.
1/12/20242 min read
Li Auto's Expected Q3 Delivery Falls Over 5% to 25,500 Units
Chinese electric vehicle maker Li Auto now expects its deliveries for the third quarter of 2022 to total around 25,500 units, significantly lower than previous forecasts, the company stated on September 26.
9/27/20223 min read
Tesla Announces Eight New Hires Including a New CFO for China
On May 25, Tesla Inc. published a blog post on its official website introducing eight new talents they have hired recently. Among them, the CFO of the recently ...
OPPO and Hasselblad Collaborate on the Next Generation Hyper Tone Camera Systems, Debuting on the Find X7 Series Smartphones
On November 8th, OPPO announced its collaboration with Hasselblad to create the next generation of Hyper Tone Camera Systems for 2024.
BYD Launches Seal Model, Starting at $31113
On July 29, Chinese electric vehicle maker BYD held an online conference and announced the details of its newest vehicle, Seal. Delivery will start in August and the vehicle will range in price from 209,800 yuan to 286,800 yuan ($31,113 - $42,532).