On May 14th, reports surfaced that Xiaomi's Wuhan headquarters had laid off 90% of employees over the age of 35. However, Wang Hua, General Manager of Xiaomi's Public Relations Department denied these reports.
Starting from May 29, 2023, Tesla China will recall a total of 1,104,622 imported Model S, Model X, Model 3 and domestically produced Model 3 and Model Y vehicles manufactured between January 12th, 2019 and April 24th, 2023.
The third BEYOND International Technology Innovation Expo began in China on May 10. During the event, Joe Tsai, executive vice-chairman of Alibaba Group, showcased an AI-generated actress named Leah to demonstrate the potential of AI-generated content.
A report released by leading South Korean consulting firm SNE Research on May 3 showed that Chinese company BYD has surpassed South Korean firm LG Energy Solution and ranked second with a market share of 16.2%.
LinkedIn, which had previously shut down its social networking features in China two years ago, announced on May 9th that it has decided to discontinue InCareer, its local job application in China, effective August 9th.
Xiaohongshu, a Chinese lifestyle sharing platform, has assembled a dedicated team for large model development since March. The team comprises core employees from the natural language processing technical team of advertising businesses.
On May 6th, the award ceremony for China's highest prize in AI science and technology, the "Wu Wen Jun AI Science & Technology Award", was held in Beijing. 60 awarded projects and individuals were recognized and rewarded.
Recently, Luckin Coffee released its Q1 2023 financial report. The report shows that Luckin Coffee achieved a total net revenue of RMB 4.437 billion (USD 640 million) in the first quarter of this year, an increase of 84.5% year-on-year.
On May 2nd, Tesla's website displayed a global price increase for its electric vehicles. This comes after multiple price cuts earlier this year. The starting prices of Model 3 and Model Y have both risen by 2,000 yuan ($289) in China.
On April 26th, BYD, a Chinese electric car manufacturer, introduced the Seagull as part of its Ocean Series. The Seagull is classified as an A0-level vehicle and comes equipped with blade batteries.
On April 26th, Alibaba Cloud announced the largest price reduction in history. The prices of core products have been reduced by 15% to 50%, and the highest discount for storage products is up to 50%.
On April 25th, Tesla opened its charging network to other non-Tesla new energy vehicles in mainland China for trial. The first batch of trials includes 10 Tesla supercharging stations that are open to 37 non-Tesla vehicle models.
DJI, a Chinese drone manufacturer, has announced that it will host a product launch event on April 25th. The company is expected to unveil the latest version of its drone, the Mavic 3 Pro. High-definition renderings of the new model have already been leaked.
A female employee at NIO has disclosed that the Chinese electric vehicle manufacturer's business volume has significantly increased in the last six months, resulting in severe overtime situations.
On April 21st, it was announced that the new version of the MOSS model developed by Fudan University's Natural Language Processing Laboratory was officially launched today. It is the first open-source conversational language model in China with plugin enhancements.
MW MINI booth at Auto Shanghai refused to give Chinese visitors ice cream. BMW responded by saying that "this was a misunderstanding and that they are currently handling the matter. "
The 20th Shanghai International Automobile Industry Exhibition opened on April 18th. The exhibition showcased an impressive portfolio of EV models from Chinese firms, while many large multinational car companies were represented by their leaders who attended in person.
On April 18th, the 20th Shanghai International Automobile Industry Exhibition officially opened. BYD debuted multiple models including: YangWang U8, Song L concept SUV and BYD Seagull.
On April 16, Chinese tech giant Baidu hosted an automotive intelligence conference ahead of Auto Shanghai 2023. At the event, Baidu unveiled a range of new products focused on intelligent driving, cabin technology, and maps.
