Electric Vehicle Company BYTON Files for Bankruptcy
On June 18th, it was reported that two related companies of BYTON, an electric vehicle brand, have filed for bankruptcy.
Tag: #China
Showing 12 of 2431 posts with this tag
How Cyberfrontiers and Geopolitical Storms Are Shaping the Future of Digital Dominance
Amidst the backdrop of flowing geopolitics and escalating tech competition, the Taihe Institute think tank held a momentous event in Beijing on September 7th.
9/21/20235 min read
Great Wall Motor's HAVAL to Stop Selling Fuel Vehicles by 2030
On August 22, Chinese automaker Great Wall Motor announced at a new energy strategy conference in Beijing that its sub-brand HAVAL will stop selling fuel-powered vehicles before 2030.
8/23/20223 min read
In China, McDonald's and KFC are fighting for a larger slice of the domestic pie
After nearly three decades of fighting, the competition between KFC and McDonalds in China is likely to heat up, because of its newly gotten “Chinese” identity....
DeepSeek Unveils New Research on Sparse Attention Mechanisms
What sets NSA apart is its hardware-aligned design, which ensures optimal utilization of modern computing hardware, enabling ultra-fast training and inference even for long-context tasks.
NIO Sees Large Increase of Net Losses in Q2
NIO, a leading company in the premium smart electric vehicle market, reported total revenues of 10,29 million yuan ($1,536 million) in the second quarter of 2022, representing a year-on-year increase of 21.8%.
9/7/20222 min read
Ele.me Delivery Robot Completed Takeout Delivery for the First Time
At 10 a.m on October 9, Wanxiaoe(万小饿), China’s first intelligent take-out robot created by ele.me logistics team, appeared in the Hongqiao Vanke center in Shang...
Sequoia Capital China Completes Fundraising of $9B
Sequoia Capital’s China affiliate has raised new funds totaling about $9 billion, to be used for investments in technology and healthcare. The firm received more than $12 billion in a 50% oversubscribed round.
7/6/20222 min read
Li Auto and XPeng Adjust Key Personnel and Organizational Structure
In order to achieve faster and long-term development, various personnel changes and organizational adjustments have recently taken place at Li Auto and XPeng, two Chinese electric vehicle manufacturers.
12/12/20225 min read
Great Wall Motor Names Li Ruifeng as New CGO
Li Ruifeng, SVP of Great Wall Motor (GWM) and CEO of GWM’s WEY brand, will be promoted to the position of Chief Growth Officer, overseeing the company's branding business.
8/11/20222 min read
Extended Reality Glasses Chips Maker GravityXR Secures New Funding, Investors include miHoYo
GravityXR, a chip development company specializing in extended reality (XR) glasses, has completed a pre-A+ round of financing worth hundreds of millions of yuan.
4/24/20232 min read
Spy Photos of BYD's "F" Brand Unveiled
Spy photos of leading Chinese automaker BYD's new "F" brand have surfaced recently. The new vehicle is an off-road SUV with a length of nearly 5 meters, a wheelbase of 2.8 meters, and maximum output power exceeding 500 kW.