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NIO boosts share sale by 18% amid EV stock frenzy, raising $1.7 billion
Chinese EV maker NIO boosted its additional share issuance by 18 percent as investors rush to buy stocks by electric vehicle makers including Tesla, Xpeng Motors and Li Auto.
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NIO starts selling 20kW fast chargers, charging time expected to be reduced by two-thirds
Chinese EV maker NIO today announced the availability of its 20kW home charging pile, which is comparable to a small "fast charger" that can greatly reduce cars owners' charging time at home.
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What are Xpeng's core competencies? Analyst answers
On August 27, Alibaba-backed EV maker Xpeng Motors went public on the New York Stock Exchange, raising $1.5 billion, making it the largest Chinese IPO in the US since Pinduoduo.
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Huawei to hold developer conference on Sept 10, will give updates on HarmonyOS and EMUI 11
The Huawei Developer Conference 2020 will take place from September 10 to September 12, Beijing time in Songshan Lake, Dongguan, the company said on its developers website.
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Guangzhou railway station launches its first 5G patrol robot
Guangzhou Railway Station has launched China's first 5G patrol robot, which can automatically measure temperature and identify passengers not wearing masks, according to Yangcheng Evening News.
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Chinese state bank's digital RMB wallet goes offline after brief opening
On August 29, China Construction Bank opened a "digital currency wallet" in its official app. However, the function has been temporarily taken offline with a page showing "this function is not officially available to the public yet, please wait" while searching for "digital currency" in the app.
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Can Xpeng, Xiaomi's apprentice, become Tesla's 'worst enemy'?
After NIO and Li Auto, China's third electric car startup has landed on the US stock market.
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Li Auto may soon get its first CTO
According to recent media reports, Wang Kai, the global chief architect of American automotive electronics supplier Visteon, has confirmed to join Chinese EV maker Li Auto as the CTO. Li Auto declined to comment on the matter.
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Ren Zhengfei says he will never hate US, desire for survival makes Huawei work harder
From July 29-31, 2020, Huawei founder Ren Zhengfei visited Shanghai Jiao Tong University, Fudan University, Southeast University and Nanjing University. According to the minutes of the meeting released today, Ren said he would never hate the United States and that the desire to survive made Huawei work harder.
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One of China's state-owned banks launches digital currency wallet in its app
The app of China Construction Bank, one of China's four state-owned banks, has launched a digital currency wallet, which includes a "digital wallet top-up" and "digital currency" sub-menu.