Industry

In the US stock market, there is a special group of stockholders. They were convinced by the charisma of the founder, and believed that its future could be comparable to Tesla.

Range anxiety is the most important factor preventing many people from buying an all-electric vehicle, but that anxiety could be largely alleviated if Chinese electric vehicle maker NIO (NYSE: NIO) were to launch this battery pack.

At today's Huawei Mate 40 series launch event in China, He Gang, president of Huawei's consumer business mobile phone product line, said that in addition to the 5 million new cars that will come pre-installed with Huawei HiCar, Huawei will also roll out an in-car smart screen for older models.

At today's Mate40 series China launch event, Wang Jun, president of HUAWEI Intelligent Automotive Solutions BU, announced the launch of HI, Huawei's Intelligent Automotive Solutions brand, which aims to create smart grid-connected electric vehicles through deep collaboration with car companies through Huawei's full-stack intelligent automotive solutions.

NIO and XPeng, two of the leading companies in the new Chinese car manufacturing industry, have a skill set previously reserved for Tesla.

The New Energy Vehicle Industry Development Plan (2021-2035) may be announced next week, and that electrification and intelligence have become irreversible strategic directions for the development of China's auto industry.

China's smartphone market continued to contract in the third quarter of this year, with shipments down 14 percent year-on-year, market research firm Counterpoint said in a report on October 29.

China Mobile recently unveiled the world's largest "5G + BeiDou high-precision positioning" system at the 5G Autopilot Summit, which will provide sub-meter, centimeter, and millimeter high-precision positioning services in real time through 5G networks.

Chinese carmaker BYD reported third-quarter net profit of RMB 1.751 billion, up 1,362.66% year-on-year, the company reported on October 29.

Huawei's EMUI team announced on October 29 an upgrade and adaptation plan for EMUI 11, which is claimed to be able to run smoothly for 36 months, covering 37 mobile phones and tablet products from Huawei and Honor brands.