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Xpeng expands autonomous driving system, China’s answer to Tesla’s FSD, to all cities

“The year 2024 is marking a watershed for the development of autonomous driving,” He told a virtual briefing on Tuesday…

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New Business Jobs

Chinese EV maker Nio launches second-generation smartphone to boost its appeal

Chinese electric vehicle (EV) maker Nio has launched its second-generation smartphone fitted with an artificial intelligence (AI)-powered chatbot tool, reinforcing…

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Tech

China drives Asia’s venture capital market with 6 of the top 10 quarterly deals: KPMG

China dominated Asia’s subdued venture capital scene in the second quarter, as state-backed investors poured money into sectors such as…

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Does China lead the electric car battery industry?

Now, the world is returning full circle to the electric car, as concerns about gaseous emissions and their impact on…

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New Business Jobs

China doubles cash subsidies to propel EV sales as economic growth falls short

Beijing has doubled subsidies granted to electric vehicle (EV) buyers, just three months after it rolled out incentives to accelerate…

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Tech

Apple supplier Foxconn breaks ground on electric vehicle plant in China’s Zhengzhou city

Apple supplier Foxconn breaks ground on electric vehicle plant in China’s Zhengzhou city Foxconn Technology Group, which runs the world’s…

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Tech

Xiaomi founder Lei Jun said US sanction fears spurred smartphone maker’s EV push

Lei Jun, founder and CEO of Chinese smartphone maker Xiaomi, said his fear of US sanctions in 2021 pushed him…

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New Business Jobs

Volkswagen extends ties with China’s Xpeng to develop new EV models, technologies

An E/E system connects all in-car electronic control units (ECUs), sensors and actuators to support a smart vehicle’s capabilities of…

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Tech

BeyonCa teams up with CATL, finance firms to accelerate ‘Made in Hong Kong’ EV goal

BeyonCa, a Chinese premium electric vehicle (EV) start-up backed by French carmaker Renault Group and Chinese state-owned Dongfeng Motor Corporation,…

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New Business Jobs

China’s second-largest car dealer faces forced delisting as investors snub its shares

China Grand Automotive Service, the mainland’s second-largest car dealer in terms of sales, is set to be expelled from the…

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