-
BYD ot spin off semiconductor business for independent listing
BYD holds 72.30% equity interest in BYD Semiconductor, and the list of shareholders also includes Hubei Xiaomi Yangtze River Industry Fund Partnership and Hubei Lenovo Yangtze River Technology Industry Fund Partnership.
-
Tesla denies putting bad parts on cars, says production in strict accordance with Chinese law
Tesla is responding to previous media reports that it is trying to increase sales in China and that bad parts are being loaded onto cars.
-
JD.com, Tmall, Vipshop fined for allegedly engaging in unfair pricing practices
The problems with the three online shopping platforms included raising prices before promising discounts, false promotions, and bait-and-switch transactions.
-
Chinese transportation regulator releases document to provide guidance on smart car development
China will encourage research on the traffic characteristics and impact mechanisms in the case of mixed autonomous driving and manual driving and support the establishment of a reliable and efficient operation monitoring system.
-
CATL to invest up to $6 billion to expand lithium-ion battery capacity
With the explosive growth of China's new energy vehicle industry, Contemporary Amperex Technology (CATL), the country's largest automotive lithium-ion battery maker, is increasing its production capacity to meet the soaring demand.
-
China's official securities newspaper comments on NIO's soaring market value: Let the bullets fly a little longer
NIO's soaring market value is not an isolated case, and is bound to be discussed in the context of the dramatic changes in the entire new energy vehicle industry, said the Securities Times, China's official securities newspaper, in an article published on Wednesday.
-
Meituan becomes the latest to be hit by antitrust lawsuit in China
Meituan is accused of using its dominant market position to remove support for Alipay payments, making it impossible for consumers to make payments via Alipay in the Meituan APP.
-
Tesla China exec says there's little room for future price cuts, price hikes are also possible
"If the price of raw materials or components increases in the future, it is not impossible for Tesla to increase the price of its electric vehicles."
-
Beijing starts first test of Digital RMB
A coffee shop in Beijing has begun accepting payments in Digital RMB, the first test of the digital currency application scenario in the Chinese capital.
-
China to build more than 600,000 new 5G base stations in 2021
China will accelerate 5G coverage in major cities and build more than 600,000 new 5G base stations in 2021, Chinese Minister of Industry and Information Technology (MIIT) Xiao Yaqing said on Monday.