Bilibili Adjusts Organizational Structure
Chinese video streaming platform Bilibili has been continuously adjusting its organizational structure in the past week, involving several core business departments and six business leaders.
Tag: #China
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Li Auto CEO Li Xiang: Reasons for Delaying Launch Sentry Mode
On April 23rd, Li Xiang, CEO of Li Auto stated in a post that the release of Sentry mode was delayed for several months due to compatibility issues with the car model.
4/24/20232 min read
Yu'EBao Reserves Reach 1.43T Yuan, Near ‘Big Four’ Banks
Yu'EBao was holding nearly 1.43 trillion yuan at the end of June 2017, up nearly 80 percent from the 0.8 trillion yuan it held at the end of 2016, according to ...
Li Auto's First Price Reduction, Minimum Discount of $2,100
In August, several car companies have started a new round of price reductions through limited-time discounts and other methods. Even Li Auto, which previously claimed to not consider price reductions, couldn't hold out any longer.
8/21/20234 min read
NIO's Third Brand 'Firefly' Officially Announced
On December 18th, NIO's third brand "Firefly" was officially announced, positioning itself as an intelligent electric high-end small car brand.
Tesla's Shanghai Gigafactory Is Operating at Full Capacity, Producing One Model Y Every 30 Seconds
Tesla's Gigafactory Shanghai is running at full capacity. A new Model Y car rolls off the line approximately every 30 seconds.
Life-sharing Platform Xiaohongshu to Launch Group-buying Feature
Xiaohongshu, a Chinese lifestyle-sharing platform, has begun recruiting restaurant and service providers for internal testing. The platform will soon introduce group-buying functions.
4/28/20232 min read
NIO's Sub-Brand Alps Gears Up for Trial Production of its First Model, "DOM"
According to multiple insiders cited by Chinese media outlet 36Kr, NIO's sub-brand, Alps, plans to start trial production of its first model, "DOM" (internal c...
Chinese Shoppers Go Crazy for KAWS x Uniqlo UT Collaborative Collection
After limited-edition cat claw mug in Starbucks, the Kaws x Uniqlo T-shirt is yet another product that made shoppers go crazy.
Chinese Companies Such as BYD and Changan Automobile Enters Thailand
Chinese companies entering Thailand are increasing rapidly. In addition to large car companies such as BYD and Changan Automobile, home appliance and electronic component companies are also establishing bases.
CATL Plans to Introduce Condensed Batteries in 2023
Wu Kai, the chief scientist of Chinese battery giant CATL, revealed on August 28 at the 2022 World New Energy Vehicle Congress that the firm plans to launch a new-generation "condensed battery" next year.
Tesla Denies Setting Up Chip Firm in China
In recent days, reports about a chip joint venture in China between Tesla and Swiss semiconductor company Annex have attracted a lot of attention, but on November 30, Tesla China said that the EV maker has not established a chip company in China.