Industry

The board of directors of Luckin Coffee, which is embroiled in the financial fraud controversy,  voted at an extraordinary general meeting held on September 2 to approve a resolution to reinstate Sean Shao as an independent director.

The Indian government announced the banning of 118 Chinese apps, according to AFP.

Huawei started to include MediaTek processors in several of its phones after production of the HiSilicon chip was blocked. But now it looks like that path won't work either.

Kwalee, UK-based developer and publisher of hyper-casual mobile games, is expanding into China to find more growth opportunities in the biggest mobile gaming market in the world.

On August 20, 2020, Chinese EV maker NIO launched its BaaS (Battery as a Service) battery rental service, which had been in the works for years. Less than half a month later, Xpeng Motors also launched a similiar program.

Following its launch late last month, ZHITAI, a sub-brand of Yangtze Memory Technologies, said today that it will launch the first SSD product under the new brand in September.

With Huawei suffering setbacks in the smartphone market due to US sanctions, other Chinese smartphone brands are taking advantage of the opportunity to rise. OPPO smartphones are a…

NIO's fourth new car, the NIO EE7 instead of the previously rumored NIO ET7, could be mass-produced in the fourth quarter of next year at the JAC NIO plant in central China's Anhui Province. 

Li Auto delivered 2,711 Li ONEs in August, a new monthly record. For the period January-August 2020, Li ONE deliveries totaled 14,656 units.

Tesla's Shanghai Gigafactory has released the environmental assessment report for the initial project of its new model, which means that the pre-production preparations for the China-made Model Y will begin soon.