NewsChina startup Nio gains USD 1 billion state funding to chase TeslaEV maker’s crucial deal in Anhui follows attempts with Beijing and Shanghai. 4 mins read
The company is also testing robotaxi services in Beijing and Cangzhou, a city in North China’s Hebei province. NewsCHINA BRIEF | Baidu opens robotaxi services to residents in Changsha1 min read
The firm has developed a full-stack Level 4 autonomous driving solution called AutoX AI Driver. InsightsSelf-driving technology accessible to everyone is AutoX’s goal: Inside China’s Startups6 mins read
The deal comes as sales of first-hand automobiles in China dived 42% year-on-year in the first two months of this year. NewsCHINA BRIEF | B2B automotive e-commerce platform Maihaoche secures USD 20 million in new funding round1 min read
Civil aviation in China experienced over a 50% decrease year-on-year in traffic during April, while travel on roads increased by 21.9% year-on-year. Visual StoriesKEY STAT | China’s public transportation system shows signs of recovery after months of shutdown2 mins read
Grab and Gojek have shifted gears to match the needs of consumers and partners, but all must make adjustments with shrinking incomes. InsightsIn cities under partial lockdown, super apps are the new survival kits3 mins read
From USD 800 million to USD 3 billion. NewsCHINA BRIEF | World’s largest battery maker CATL enlarges overseas corporate bond sale plan to meet demand1 min read
The firm is eyeing AI and IoT sectors to seek new paths for growth. NewsCHINA BRIEF | State-owned automaker FAW Group invests in AI by establishing new subsidiary1 min read
Huawei’s Ren Zhengfei and Tencent’s Pony Ma took the second and third positions, respectively. NewsAlibaba’s Jack Ma tops Fortune China’s list of influential business leaders in 20202 mins read
FeaturesRobStride builds the joints that keep China’s robots moving, and a thriving industry around them
