Phate Zhang

Baidu said it had gone through a tough time over the past two years and is now back on an upward trajectory with a U-shaped share price performance.

China's new energy vehicle subsidies in 2021 will be backed down by 20% compared to 2020, four ministries, including China's Ministry of Finance, said in a document released today.

SMIC has received US licenses to import equipment for use in mature processes, according to ijiwei.com.

Hours after releasing a statement Thursday afternoon Beijing time that it will be the first car company in China to accept Bitcoin payments, GAC NIO has apologized for it.

GAC NIOannounced on Weibo today that it will accept Bitcoin payments for car purchases, the first of its kind in China.

BYD holds 72.30% equity interest in BYD Semiconductor, and the list of shareholders also includes Hubei Xiaomi Yangtze River Industry Fund Partnership and Hubei Lenovo Yangtze River Technology Industry Fund Partnership.

Tesla is responding to previous media reports that it is trying to increase sales in China and that bad parts are being loaded onto cars.

The problems with the three online shopping platforms included raising prices before promising discounts, false promotions, and bait-and-switch transactions.

China will encourage research on the traffic characteristics and impact mechanisms in the case of mixed autonomous driving and manual driving and support the establishment of a reliable and efficient operation monitoring system.

With the explosive growth of China's new energy vehicle industry, Contemporary Amperex Technology (CATL), the country's largest automotive lithium-ion battery maker, is increasing its production capacity to meet the soaring demand.