Phate Zhang
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WM Motor, Uber reach tentative agreement, models may be exported to Europe
Chinese electric car company WM Motor has signed a tentative agreement with Uber to export the WM EX5 to more than 10 European countries, including the United Kingdom, as an optional vehicle for Uber's drivers, Sina Tech said, citing sources.
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Huawei reportedly restarts production of 4G phones, will be available in H1 2021 at the earliest
New orders for Huawei's 4G handsets are already being stocked, Yicai.com quoted an unnamed Huawei supplier as saying, adding that Huawei is currently placing orders in small batches on a rolling basis, and there is no way to estimate the exact volume of orders.
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Deutsche Bank reiterates 'Buy' rating on NIO, expects continued growth in deliveries
The analyst said investors are expected to see strong monthly deliveries, benefiting from demand for NIO's new EC6 electric SUV and the company's 100 kWh battery.
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Tesla does not select CATL as China-made Model Y battery supplier, report says
Currently, battery suppliers for the China-made Model 3 include both CATL and LG Chem.
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Xiaomi President says Huawei's sale of Honor has no impact on its strategy
On November 17, Huawei announced the sale of the Honor brand. After the sale, Huawei no longer holds any shares in the new company.
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Xiaomi's Q3 revenue up 34.5% year-on-year, highest growth rate in two years
Xiaomi's smartphone revenue reached RMB 47.6 billion in the third quarter, up 47.5% year-on-year, and smartphone shipments increased by 45.3% to 46.6 million units.
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Supercar that accelerates from 0-100 km/h in 1.9 seconds to be launched in China on Nov 30
The Gemera has 1.27 megawatts of power and 3,500 Nm of torque, with a power output of 1,700 hp. It accelerates from 0-100 km/h in 1.9 seconds and can accelerate to 400 km/h in less than 20 seconds.
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China's A-share listed company makes $1.37 billion from Li Auto investment
Leo Group, which is listed on the Shenzhen Stock Exchange, recently said on a platform to communicate with investors that it holds 343,316,240 Li Auto ADSs through a wholly owned subsidiary in Hong Kong at an investment cost of RMB 450 million. As of November 23, the company held Li Auto shares with a market value of about RMB 9.8 billion.
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Report says China's 5G packages have dropped to under $15
The price of 5G cell phones in China has fallen sharply, and 5G package prices have also fallen to less than RMB 100 (about $15), according to the blue paper "China Internet Development Report 2020" released Monday.
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CICC comments on Chinese EV trio's Q3 results: Continued improvement in operations
In the third quarter, China's new energy vehicle market has gradually emerged from the impact of less subsidy and Covid-19, and the penetration rate of the new energy vehicle market has been increasing.