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The firm counted 19.2 million paying customers at the end of 2020. NewsTencent-backed insurance service Waterdrop raises USD 360 million in US IPO1 min read
Nio needs to tell international stories to investors worldwide, say analysts. NewsNio launches in Norway, the first stop of an ambitious overseas plan2 mins read
Tesla has faced a number of lawsuits from Chinese customers accusing the company of fraud and deceptive sales practices. NewsTesla feels the heat in China as it faces a litany of lawsuits4 mins read
The EV maker suspended its production for five working days at the end of March due to a lack of chips, which is likely to affect deliveries in April. NewsNio reports best ever vehicle margins, rules out mass market entry2 mins read
Trips within Shougang Park, one of the venues for the 2022 Beijing Winter Olympics, will cost RMB 30. NewsBaidu will charge for fully driverless robotaxi rides in Beijing from May1 min read
Tesla reduced its prices by 20% after switching to the low-cost alternative. NewsNio shifts to lithium iron phosphate batteries, following Tesla and Xpeng1 min read
iPhone giant warns June revenue decline due to supply constraints. NewsApple reports record quarter as China drives COVID rebound2 mins read
This is the first time for the company to share its data logs with any external party in China. NewsTesla shares vehicle data with Chinese authorities investigating accident preceding viral protest2 mins read
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