Industry

Nio shares surged about 21% in pre-market trading after previous reports said its China headquarters will be located in Hefei and planned to raise 10 billion yuan.

In the previous financial report, Tesla disclosed the Model Y cross-border sports utility vehicle, which began mass production in January and is expected to begin delivery at the end of the first quarter.

The strong rise of the tertiary industry in Hubei is not accidental. In 2018, the output value of the high-tech industry in Wuhan, the Epicenter of the Coronavirus outbreak, exceeded 1 trillion for the first time.

Geely still have an intention to invest in Nio, especially after the failed acquisition of Aston Martin, Geely needs new projects to improve its strategic layout, 21st Century Business Herald quoted people familiar with the matter as saying.

Professor Huang Jinhai's team at the School of Life Sciences of Tianjin University announced that they have successfully developed a new oral vaccine for coronavirus, according to local news media TJYun.

Nio signed a cooperation framework agreement with Hefei City, and leaders of Anhui Province and Hefei City attended the signing site. According to the agreement, the Nio China headquarters project will be settled in Hefei, Sina Tech reported on Tuesday.

At the on online event held on February 24, Huawei Consumer Business CEO Richard Yu announced the launch of a $1 billion Shining Star Program to attract and call on global developers to develop HMS core apps.

Huawei held a product launch conference in Barcelona on February 24. Wi-Fi 6 is one of the hot new technologies in the industry. Compared with Wi-Fi 5, Wi-Fi 6 has the advantages of high bandwidth, high concurrency, low latency, and low power consumption.

Huawei released App Gallery on February 24, which is the Huawei app store. Huawei claims that this is the third largest app store in the world after Google Play Store and Apple App Store.