factory Archives - Pandaily

Geely Holdings Denies Indonesian Factory Investment Plans

Geely Holdings: The report regarding "investment in building factories in Indonesia" is very inaccurate, and there are no specific plans.

Tesla: No Factory Plans Despite Grace Tao’s Shenyang Visit

Tesla's response to Grace Tao's visit to Shenyang: No plans for building a factory, it is a normal friendly exchange.

Xiaomi’s Second Smartphone Factory to be Completed by End of Year

On February 24, Wang Hua, General Manager of Xiaomi's Public Relations Department, said that the main structure of the company's second smartphone factory in Beijing has been completed, and the whole project will be completed by the end of this year.

Switzerland-based ABB Invests $150 Million in Shanghai Factory

ABB, a Swedish-Swiss industrial giant and one of the world's four largest robotics companies, announced the official opening of its robotics factory in Shanghai on December 2.

Henan’s Local Governments Require Officials to Support Pandemic-Affected iPhone Foundry Foxconn

The Zhengzhou plant of Foxconn in Henan Province, China, was recently affected by the COVID-19 pandemic. Some local governments have been asked to get involved and take the lead in supporting work at Foxconn for a period ranging from 1 to 6 months.

NIO’s EV Factories in Anhui Resume Production

Due to COVID-19 pandemic prevention requirements, two NIO automobile factories in Hefei, China's Anhui Province, have recently stopped production, causing delays to delivery. The latest report shows that production has now resumed.

Zeiss Builds First Factory in China With $25M Investment

Zeiss, a leading enterprise in the fields of optics and optoelectronics, on October 18 started construction of a new R&D and production base in Suzhou, Jiangsu Province, China.

BYD Opens Its First Overseas Passenger Car Factory in Thailand

On September 8, BYD's Thailand division and local industrial developer WHA signed a purchase agreement for 96 hectares of land, which will be the site of its first wholly-owned overseas passenger car factory in Thailand.

Xiaomi Likely to Build Own Automotive Factory

Xiaomi is reportedly negotiating with Chinese automaker BAIC Group to produce electric vehicles on its behalf. However, another report on September 1 showed that Xiaomi Auto would very likely build its own factory.

Evergrande Auto Denies Merger And Acquisition Rumors

Regarding recent reports that Evergrande Auto will be acquired by another automobile company, on August 18, Liu Yongzhuo, president of Evergrande Auto, denied the news.

XPeng Aeroht Opens New Trial Production Factory

On July 25, He Xiaopeng, Chairman of XPeng Motors, announced on social media that XPeng Aeroht, an affiliate of XPeng, officially opened its new trial factory.

Geely’s Lotus Completes Global Smart Factory Construction

On July 15, Geely’s luxury sports car brand Lotus completed the construction of its Wuhan Smart Factory. Its first pure electric smart vehicle, the Hyper SUV Eletre, also successfully rolled off of the production line.

XPeng CEO Warns of Suspended Production if Lockdowns Persist

Amid ongoing pandemic containment efforts, car companies in China are facing supply chain problems. He Xiaopeng, CEO of electric vehicle maker XPeng, expressed his worries on Thursday.

Turning Their Backs on Factories, China’s Small-Town Youths Make a Living on the Internet

With factory workers who once formed China’s economic backbone aging and their children shifting from traditional sectors to the booming Internet industry, policymakers have taken steps to address the change.

How Bad Is the Coronavirus Really for China’s Economy?

Experts are currently foreseeing a decline in China’s economic growth to roughly 5.6% from the already relatively low 6.1%, which will bring global economic growth down by 0.2%.

Apple and Foxconn Accused of Breaching Chinese Labor Laws

China Labor Watch recently released a 51-page report detailing the labor abuses of the US tech giant Apple and one of their main suppliers for iPhone parts, Foxconn.

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