Alibaba's Overseas Retail Orders in FY 2022 Up by 34%
Chinese internet and e-commerce giant Alibaba Group Holding Limited released its official report yesterday for the full fiscal year of 2022 and fourth quarter ended March 31.
5/27/20223 min read
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Only 300 of Faraday Future's 14,000 EV Pre-Orders Have Paid Deposits
California-based electric vehicle (EV) firm Faraday Future (FF) has recently released data regarding pre-orders for its FF 91 model, showing a total of just 300 units backed by a paid deposit.
2/10/20223 min read
Former Apple Supplier OFilm's VP Is Under Police Surveillance
OFilm, a former Apple supplier and a manufacturer of camera modules, released a notice stating that Cai Gaoxiao, director and deputy general manager of the company, has resigned and is under residential surveillance by public security authorities.
Ministry of Industry and Information Technology: Tesla Received $329 Million in Subsidies in China Last Year
Tesla received state subsidies for 101,082 vehicles sold in the country in 2020, for a combined total of 2.12 billion yuan ($329 million), according to data released Monday by China's Ministry of Industry and Information Technology (MIIT).
Co-CEO of Alibaba-Backed IM Motors Comments on Recent Tesla Accident in China
Liu Tao, the co-CEO of Alibaba-backed IM Motors, commented on a recent fatal incident involving a Tesla vehicle in China. The executive believed that the Amercian EV maker had resorted to incredible excuses and even caused vehicle owners to monitor brake pedals with cameras.
Baidu Reports Strong Q4 Heading into Uncertain Q1
Baidu announced its unaudited financial results for the fourth quarter and full year of 2019.
2/28/20202 min read
Brazil, Finland Could Exclude Huawei from 5G Network Development
Following US sanctions against Huawei in September and the recent UK bans against installation of Huawei equipment in the country’s 5G network development
Vivo Watch 2 Preview, Equipped with AMOLED Screen and 501mAh Battery
On Tuesday, some netizens discovered something new in their Vivo Health App: the appearance of a second generation smartwatch.
11/10/20212 min read
Intelligent Driving Software Firm Enjoy Move Completes B1 Financing
Enjoy Move, an intelligent driving high-performance computing software platform, announced on July 28 its completion of B1-round financing totaling nearly 100 million ($14.8 million).
7/28/20222 min read
BYD Chairman Wang Chuanfu Criticizes Autonomous Driving
During the BYD 2022 annual report communication meeting, Chairman Wang Chuanfu shared his perspective on autonomous driving in a clear and honest manner. He dismissed unmanned driving as impractical and misleading, emphasizing that advanced assisted driving is the way forward for future development.
Pop-up Advertisements in Vehicle Systems Trigger Safety Concerns
Recently, FAW-Volkswagen, Mercedes-Benz and other car companies have trended on Chinese social media because of their pop-up advertisements displayed in their vehicle systems. In fact, Great Wall Motor's HAVAL and NIO car owners have posted a few times about the same problem.
10/17/20223 min read
Biofabrication Firm MicroCyto Secures Nearly $15M in Angel Financing
Biofabrication firm MicroCyto has announced its completion of angel investment totaling nearly 100 million yuan ($15.0 million). The leading investor was Matrix Partners.
5/30/20222 min read