Phate Zhang
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Huawei reportedly plans to spin off Honor brand in deal worth RMB 100 billion
Huawei plans to sell the entire Honor mobile phone business as a package, in a deal priced at about 100 billion yuan based on Honor's 6 billion yuan profit last year and 16 times PE, 36kr.com said Tuesday, citing people with knowledge of the deal.
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China's biggest property developer reveals logo of the cars it's making
Evergrande NewEnergy Vehicle Group, the car making arm of China's biggest property developer China Evergrande, today unveiled the logo of its vehicle brand, Hengchi.
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Behind Chinese brands' efforts to enter high-end market: to become another NIO or Tesla?
According to the data released by NIO, Li Auto and XPeng at the beginning of November, they delivered a total of 11,781 new cars in October, surpassing the average monthly sales record of China-made Model 3.
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Unisoc unveils 5G RF solution to bring more design space to thin phones
Unisoc, a Chinese fabless semiconductor company, today introduced its 5G RF front-end solution, a modular design that reduces channel loss by 15% over the industry average and reduces size by 20%, enabling more design space for thin and slim smartphones.
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JP Morgan raises NIO price target to $46 from $41
Four weeks ago, JP Morgan sharply raised NIO price target from $14 to $40, representing a 85% upside potential at that time.
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BYD reportedly considering buying bus manufacturing plant in South Korea
BYD is considering buying a bus manufacturing plant in South Korea and the company has recently conducted due diligence on Zyle Daewoo Bus Commercial Vehicle's commercial vehicle plant in Ulsan, the Seoul Economic Daily reported.
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DJI unveils T30 drone that can spray 240 acres of pesticides per hour
Chinese drone maker DJI today launched the new T30 drone for the agricultural field, it can spray pesticides, but also can be used to sow seeds and spread fertilizer.
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NIO's 159th battery swap station begins operation
NIO today announced the opening of its 159th battery swap station in China in Yueqing, Zhejiang Province.
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Tesla's October sales in China surpassed 10,000 units again, as wholesale sales of NEVs in the country rose 119.8% year-on-year
Retail sales in China's passenger car market reached 1.992 million units in October, up 8.0% year-on-year, achieving a nearly two-year high growth rate of 8% for four consecutive months, data released today by the China Passenger Car Association (CPCA) showed.
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What does NIO do with FOTA?
With the increasing digitization of vehicles, the trend of "software-defined vehicle" has become unstoppable. Under the impact of the rapid iteration of new technologies, FOTA has become the focus of car manufacturers.