Mar 20, 2024 19:02 PM- Xiaomi Builds In-House Sales Network for First Electric Car
- In addition to dealerships, the SU7 will be sold in company-run delivery centers incorporating showrooms and retail stores repurposed to display the cars alongside other products
Mar 19, 2024 20:49 PM- In Depth: China Targets Payments Problem to Win Over Foreigners
- Beijing has also added over a dozen more countries to its visa-free list recently, as it tries to clear the hurdles preventing a revival of inbound tourism
Mar 19, 2024 19:35 PM- CATL Says ‘Skateboard Chassis’ Offers EV-Makers Huge R&D Savings
- The Chinese battery giant’s platform integrates batteries, electric motors, motor controllers and other key components under one structure, and can be used as the basis for new car models
Mar 19, 2024 03:25 AM- Alibaba Shakes Up Freshippo Leadership, Signaling Potential Sale
- New CEO’s appointment raises speculation that Alibaba is preparing to sell off its grocery arm Freshippo
Mar 18, 2024 20:45 PM- Huawei Smart Car Boss Predicts Unit Will Turn a Profit This Year
- The unit should be able to ‘turn around and achieve benign positive growth’ with strong sales of its premium models in the cards, Chairman Yu Chengdong says
Mar 18, 2024 18:47 PM- China’s Soaring Auto Exports Will Drop After Banner 2023, Expert Says
- Overseas shipments will fall to at least 4.7 million vehicles annually, Development Research Center official says, after reaching 4.9 million last year
Mar 16, 2024 19:14 PM- Shenzhen Jinjia Group Chairman Detained Amid Busy Week for Graft Busters
- Qiao Luyu joins executives and board members from five other listed companies to be held by investigators recently as China’s corruption crackdown rolls on
Mar 16, 2024 19:04 PM- China Appoints Offshore Oil Exploration Veteran as CNOOC General Manager
- Zhou Xinhuai gets promoted at the country’s largest offshore oil and gas producer after having worked for the company for almost 30 years
Mar 16, 2024 03:41 AM- Former General Manager of CNOOC Under Corruption Probe
- Li Yong is the 11th senior official to come under investigation for graft so far this year, and the second executive from the oil sector
Mar 15, 2024 18:20 PM- China Expands Emissions Trading Scheme to Include Aluminum Industry
- The sector’s inclusion is ‘imminent,’ Caixin has learned, and comes as policymakers push ahead to add more heavy emitters to the market
Mar 15, 2024 17:56 PM- China’s Copper Smelters Vow Capacity Controls After Fees Plunge
- Executives from 19 companies have agreed to rearrange maintenance work, reduce runs and delay the startup of new projects
Mar 15, 2024 17:52 PM- Hon Hai Jumps by Most in Years After Strong Outlook for AI Servers
- The Taiwan-based iPhone assembler expects its AI server business to grow by 40% this year and is targeting a 40% share of that overall market, Chairman Young Liu said
Mar 15, 2024 04:26 AM- Nio Teams up with CATL to Develop Longer-Life Batteries
- Battery life is one of the most important problems that the NEV industry must work together to solve, says Nio founder
Mar 15, 2024 03:27 AM- Exclusive: ByteDance Revives Gaming Ambitions Amid Fears of U.S. TikTok Ban
- Personnel shake up at Nuverse as ByteDance decides to re-enter video gaming business
Mar 14, 2024 20:11 PM- Chinese Electronics Duo Nosedive After Graft Busters Detain Chairman
- Shares of Guoguang Electric and Chengdu Screen Micro Electronics plunged 16% and 12%, respectively, after Zhang Ya was taken away by investigators
Mar 14, 2024 04:11 AM- Alibaba Plans $640 Million Investment in Hong Kong’s Entertainment Industry
- And action … Alibaba plans to spend the money on film production, copyright purchases, harnessing talent and building venues
Mar 14, 2024 01:46 AM- U.S. House Passes Bill That Would Ban TikTok If Not Sold
- Bill, which wants TikTok’s links to ByteDance severed, now goes to the Senate before it can be signed into law
Mar 13, 2024 04:58 AM- Funds Pour Into Chinese AI Startups Challenging OpenAI’s Sora in Video Generation
- China’s AI startups lead the charge to catch up with OpenAI’s type-it-then-see-it video model
Mar 13, 2024 04:45 AM- Steel Prices Extend Downward Trend Amid Sluggish Demand Recovery
- Futures contracts for steel show persistent decline partly due to the Chinese New Year holiday, says expert
Mar 13, 2024 03:00 AM- China Telecom Unit to Acquire Majority Stake in QuantumCTek for $265 Million
- Quantum secure communications network provider says it will use the money raised to replenish its working capital
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