Huawei plans to release new smart cars this year
Houkun Hu, the rotating chairman of Huawei, revealed on Tuesday 26 April that Huawei will definitely release new smart car models this year.
Logistics start-up GOGOX submitted a listing application to HKEX
The intra-city logistics platform GOGOX (known as Kuaigou Dache in China’s Mainland) submitted an application on 24 April for a public listing on HKEX.
SEC adds 17 Chinese companies including Li Auto to its delisting watchlist
The U.S. Securities and Exchange Commission (SEC) added 17 Chinese companies including Li Auto, Zhihu, and Best Inc. to its delisting watchlist.
Vivo unveils self-developed chip V1+ to make its debut in the X80 series
Vivo announced on Wednesday, 20 April that the Vivo X80 series, which is due to become official on 25 April, will feature the Vivo V1+ imaging chip inside.
Huawei AITO continues to raise the price of its M5 cars next month
AITO, a new energy automobile brand jointly created by Huawei and Chongqing Sokon’s Seres, will increase the price of the AITO M5 four-wheel-drive version.
Online Q&A platform Zhihu denies laying off up to 70% of its video department
Tech Planet reported on Tuesday, 19 April that Zhihu, a leading online Q&A platform to be listed in Hong Kong, will lay off up to 70% of its employees.
Tesla Giga Shanghai resumes production with over 100 suppliers
Tesla’s most productive manufacturing plant in Shanghai reopened on 19 April with 8,000 employees returning to work after a three-week closure.
Ant Group takes majority stake in 2C2P to drive digital payments adoption
China’s Ant Group has entered a strategic partnership with the global payment platform 2C2P to accelerate digital payment adoption and innovation.
Chinese new energy mobility Cao Cao users exceeds 120 million
According to Gong Xin, CEO of Cao Cao Mobility, the number of its users has surpassed 120 million, jumping from 60 million in July of last year.
Vivo launches first foldable smartphone “X Fold”
On April 11, Vivo officially unveiled its first foldable smartphone, the “X Fold”. At present, the mainstream smartphone manufacturers in China have all entered the foldable smartphone market, releasing their own cult products.
Meta will invest $800 million to build a hyperscale data centre
Meta announced that it will invest $800 million (5.1 billion yuan) to build a hyperscale data centre in Temple, Texas. The data centre will be around 900,000 square feet in size and will support approximately 100 local jobs once completed.
Founder of JD.com steps down as CEO
Richard Liu would no longer serve as CEO of JD.com, and Xu Lei would take over the position. Liu, who owns a controlling stake with 77% of voting power, will continue to serve as the company’s chairman.