Phate Zhang

The Li ONE, the only model of Chinese EV maker Li Auto, has accumulated 4,676 insurance registrations in November, making it the No. 1 SUV sold in China for the third consecutive month, according to the latest data.

Changan NIO is hiring for a number of positions in Chongqing, Nanjing and Shanghai as it aggressively pursues the development of its premium brand.

Everyone seems to be using XPeng's images or video when promoting their navigation capabilities. After Tesla, Baidu is the latest to do so.

XPeng priced its follow-on offering of the ADS at $45 each, representing a 7.6% discount to its last closing price of $48.69.

Carl Pei, who left OnePlus as co-founder two months ago, has raised $7 million in start-up capital for his new company from a list of prominent investors and is in the midst of a major hiring process.

Tesla has registered the Performance Model 3 to China's Ministry of Industry and Information Technology (MIIT), as well as the Zero-G wheels and new headlights for the electric car.

JP Morgan recommends investors not weight Tesla shares in their portfolio in equal proportion to the S&P because Tesla shares are "by virtually every conventional metric not only overvalued, but ramatically so."

The analysts expect AIoT to be the main driver of the next round of technology dividends, and Xiaomi is likely to become one of the two key players in China's AIoT market.

The attack took place over Thanksgiving weekend and infected about 1,200 servers, with 100GB of unencrypted files stolen and 20TB to 30TB of backup data deleted.

Nine models were found to have problems with battery capacity, discharge capacity after cyclic discharge, discharge protection value, and luggage compartment volume, which did not meet national standards.