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Tesla exec says FSD in China won't raise prices for now
Following Tesla CEO Elon Musk's announcement that the US version of the full self-driving (FSD) software will soon increase in price, Tesla's vice president of external affairs Grace Tao said on Weibo today that the FSD in China will not be increasing in price at this time.
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GAC NIO promises to reimburse owners if battery causes vehicle fires
There have been several incidents of electric vehicle fires this year, causing concern among many consumers. Chinese EV startup GAC NIO recently promised to reimburse owners of its vehicles for the entire vehicle if they catch fire due to battery problems.
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OPPO announces high-precision positioning algorithm with less than 1 meter accuracy
Chinese smartphone maker OPPO today unveiled its self-developed RTK high-precision positioning algorithm, which enables high-precision positioning on OPPO phones with an accuracy of less than 1 meter, allowing future phone navigation to be lane specific.
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TSMC reportedly helped Huawei stockpile 2 million 5G base station chips, enough for use next year
Huawei had been stockpiling 5G base station core chips for months ahead of the US ban deadline, ensuring availability at least through 2021, Bloomberg reported today.
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Douyin, Chinese version of TikTok, says it will help over 1,000 craftspeople earn 1 million yuan a year
On October 23, Douyin, the Chinese version of TikTok, announced the launch of its "Seeing Crafts" program for artisans and artisan businesses across the country, with the hope that the program will help more than 1,000 artisans earn more than 1 million yuan in the coming year, according to Mu Qing, head of Douyin's e-commerce operations.
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Tesla recalls tens of thousands of imported Model S, Model X cars in China over suspension problems
Tesla is recalling some imported Model S and Model X electric vehicles with immediate effect, according to China's State Administration for Market Regulation (SAMR) website.
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Huawei sales revenue up 9.9% year-on-year to 671.3 billion yuan in first three quarters
For the first three quarters of 2020, Huawei achieved sales revenue of 671.3 billion yuan, up 9.9 percent year-on-year, with a net profit margin of 8.0 percent, the company said today, adding this result was largely in line with expectations.
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China has opened 690,000 5G base stations
By the end of September, China had opened 690,000 5G base stations and cities such as Beijing, Shanghai, Guangzhou and Hangzhou had continuous coverage of 5G networks in urban areas, according to data released today by China's Ministry of Industry and Information Technology (MIIT).
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Huawei's search engine 'Petal Search' and map app 'Petal Map' released
At the global online launch of the Mate 40 series, Huawei introduced several new applications for overseas users, including Petal Search, a universal search engine that supports multiple search methods, and Petal Maps, a mapping application that can be operated through the Mate 40 series from a distance.
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Li Auto appoints Fan Zheng as an independent director
On October 22, Li Auto announced the appointment of Fan Zheng as a new independent director to the Company's Board of Directors, effective immediately.