NewsChinese EV maker Lixiang drives into series missteps after struggling to deliver new modelLixiang’s first production model is not off to a good start. 2 mins read
The company will expect the fourth quarter in 2019 to be profitable. NewsCash-burning Chinese second-hand car trader Chehaoduo turns profitable and poised to offer vehicles with better quality2 mins read
While first-tier tech giants are retreating, Xiaomi and Meituan Dianping are testing the waters in the new energy vehicle sector via investments. InsightsAfter Baidu, Alibaba, and Tencent retreat, who will be the savior of Chinese EV makers?7 mins read
The company will have an estimated value of over RMB 2 billion after this funding round. NewsExclusive | JD-backed IT equipment leasing company Little Bear Rental secures funding from Tencent2 mins read
The platform will feature 24 types of commonly used licenses and e-certificates. NewsShenzhen moves government identification files online via blockchain technology2 mins read
More EV companies are eyeing collaboration in the battery charging sector. NewsXpeng ties up with Nio on charging services in China’s slowing EV market2 mins read
The company has so far raised a total funding of RMB 600 million in 2019. NewsChinese SpaceX equivalent LandSpace closes USD 71 million Series C2 mins read
The company has lost its edge in the China market. NewsBaidu-backed lidar sensor maker Velodyne lays off Beijing office and halts direct sales in China3 mins read
Baidu will put more focus on the operation and commercialization of its self-driving robotaxis after this reshuffle. NewsExclusive | Baidu restructures autonomous driving business amidst sluggish demand from automakers3 mins read
