Changan Automobile Unveils CD701 Concept Car
On August 29, Chinese automaker Changan Automobile released its new brand Zhuge Intelligence, and unveiled the brand's first vehicle model, the concept car CD701.
8/29/20222 min read
Tag: #China
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China-Made Tesla Model Y Named Australia's Best-Selling SUV in Sept
During September, Tesla's Model Y became the top-selling SUV model in Australia and ranked among the top three best-selling vehicles overall in the country. At the same time, the Model Y became the top-selling vehicle in New Zealand.
Li Auto's L9 Crashes Again During Test Drive
Li Auto's L9 model, claimed by the firm to be "the best household SUV within 5 million yuan," on July 26 suffered another accident during a test drive.
7/27/20223 min read
Meituan's B2C E-Commerce Business Merged Into Community Group Buying Division
News emerged on August 31 that "Tuanhaohuo", a B2C e-commerce business group of Meituan has been placed under the community group buying division, and the original organizational structure of Tuanhaohuo is still retained.
China's Logistics Networks Under Strain as COVID Spreads Widely
As COVID-19 cases rise rapidly in China following a loosening of pandemic control measures, the country's logistics networks are now facing unprecedented challenges.
12/21/20223 min read
Xiaomi Reveals Progress in Car Manufacturing: Second Winter Test Coming Soon
On November 20th, Xiaomi held its financial report conference call. William Lu revealed the progress of Xiaomi's car manufacturing.
11/21/20231 min read
Lenovo's Revenue Growth Exceeds 100 Billion Yuan in 3 Years
On April 6th, Lenovo Group's 2023/24 fiscal year kick-off meeting was held in Beijing. Yang Yuanqing, Chairman and CEO of Lenovo, stated that over the past three years, the company's revenue has increased from ¥ 350 billion to ¥ 460 billion.
Meitu Made Nearly 600 Million by Selling Cryptocurrency
On December 4th, Meitu announced that it had liquidated its cryptocurrency holdings, making a profit of approximately 571 million yuan.
NETA Auto Secures Significant Funding Amid Operational Adjustments
Sources have revealed that NETA Auto has secured around 6 billion in funding, but did not disclose the specific currency.
1/17/20252 min read
WeRide Set to Launch Its New Generation of Robotaxi on October 15th
Unique in its global reach, WeRide holds autonomous driving licenses in four countries: China, the United States, the United Arab Emirates, and Singapore.
8/9/20242 min read
Meituan's Community Group Buying Platform Shifts Into Next-Day Supermarket Delivery Service
On October 11, Meituan Select, a community group buying platform under Chinese tech firm Meituan, adjusted its brand positioning to a "supermarket with next-day delivery services."
Pony Ma and Jack Ma Not Business Gods, Bolstered by an Era of Big Enterprises
2017 will be a milestone in the history of Chinese companies. In April, Tencent ranked among the Top 10 companies in the world by market value. In June, Alibaba...