TechNode

JUNE 12, 2024

Lilium, a German aviation firm backed by Chinese tech giant Tencent, said on Monday it has established its regional headquarters in Chinas southern city of Shenzhen as part of a collaboration agreement with the government of the citys Baoan district.

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TechNode

MAY 6, 2024

Teslas senior vice president, Tom Zhu, a longtime head of its China operations and once deemed as the top internal candidate to replace chief executive Elon Musk, is to reprise the position as the vice president of Greater China he held until last August.

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TechNode

DECEMBER 19, 2024

Apple is reportedly in talks with Tencent and ByteDance to incorporate their AI models into iPhones sold in China, Reuters reported today. Sources indicate that Apples discussions with Tencent and ByteDance are part of its broader effort to adapt products to local regulations and user preferences in China. Reuters ]

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TechNode

DECEMBER 30, 2024

The governments of several major cities in Chinas affluent Guangdong province announced on Dec. The move will allow companies to test their robocars on public roads in the districts of Qianhai and Baoan in Shenzhen, the Nansha district of Guangzhou, and Hengqin island in Zhuhai, once they get a permit from any of the local governments.

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TechNode

JANUARY 31, 2025

million cars, but its sales in China felll by 6.9% Toyota said its China sales were hampered by the countrys transition towards electrification and an intense price war, although the central governments auto trade-in subsidies provided a boost to the overall market during the second half of last year. to approximately 1.8

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TechNode

APRIL 19, 2024

Chinas food delivery company Meituan has appointed Senior Vice President Wang Puzhong as CEO of its new core local commerce business, marking the first time the firm has had two chief executives.

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TechNode

APRIL 28, 2024

Air China announced on Friday that it has signed an agreement with Commercial Aircraft Corporation of China (COMAC) to purchase 100 C919 aircraft. The actual transaction price of the deal was lower than the catalog prices, as COMAC offered Air China a significant discount after negotiations, local media outlet IThome reported.

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TechNode

NOVEMBER 20, 2024

Johnson & Johnson China began a new round of layoffs last week, affecting several of the company’s business units, as intense competition and centralized procurement of medical supplies continue to affect the companys profits, according to local financial media outlet Yicai. Yicai, in Chinese ]

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TechNode

DECEMBER 24, 2024

Japans Toyota is in talks to acquire real estate for the establishment of a new electric vehicle factory for its premium marque Lexus in Shanghai, Chinas biggest city by economic output, people familiar with the matter told Nikkei on Monday. Nikkei , in Japanese, Reuters , Bloomberg ]

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TechNode

NOVEMBER 29, 2024

Renault has established a research and development base in China, employing around 200 hardware engineers and planning to hire more software engineers in Shanghai, the countrys largest city, people familiar with the matter told Bloomberg on Friday. Bloomberg , AutoPix , in Chinese]

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TechNode

JULY 4, 2024

Chinas eastern Jiangsu province is looking to buy an undisclosed number of Tesla Model Y electric vehicles in the 2024-2025 budget year, marking the first time in years that the company’s cars would be purchased officially by the authorities.

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TechNode

SEPTEMBER 6, 2024

Tesla on Thursday unveiled plans to introduce its Full Self-Driving (FSD) advanced driver assistance system in China and Europe in the first quarter of 2025, a move expected to foster competition and drive consumer demand, according to analysts from Chinas Citic Securities. TechNode reporting , Tesla statement ]

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TechNode

APRIL 17, 2024

Japans Honda Motor said on Tuesday it is introducing a new electric vehicle brand in China, and will use components from local companies including CATL, Huawei, and iFlyTek as it looks to adapt to significant changes in the highly competitive Chinese car market. The companys sales declined 10.1% to roughly 1.2

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TechNode

JULY 8, 2024

Electric vehicle maker Polestars China division is reportedly set to undergo its first major layoff with plans to reduce its workforce by about 30% by the end of September. The move is expected to have a significant impact on its local car manufacturing activities. FEAutoCar, in Chinese ]

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TechNode

OCTOBER 29, 2024

Intel announced in Beijing that it will expand its Chengdu packaging and testing facility, making the capital of southwest Chinas Sichuan province its supply chain base. The company has been based in Chengdu for over 20 years, participating in the local ecosystem and community development. Intel China, in Chinese ]

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TechNode

APRIL 12, 2024

Chinas National Radio and Television Administration has required short web dramas must submit to censorship before airing in online platforms, in a strict new regulation targeting the popular content format. 1, according to local media agency Caixin. Dramas that have not been filed are prohibited from distribution from June.

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TechNode

DECEMBER 18, 2024

The initial group of participating wallets includes Bank of China Hong Kongs BoC Pay, Octopus, PayMe by HSBC, and Tap & Go in Hong Kong; Bangkok Bank Mobile Banking and K PLUS in Thailand; NAVER Pay in South Korea; and ICBC Mobile Banking (ICBC Pay) in Malaysia.

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TechNode

NOVEMBER 12, 2024

Volkswagen has cut the starter price for its ID.UNYX, the first model from the companys China-exclusive all-electric ID.UX model, initially designed with its Modular Electric Drive Matrix (MEB) platform, from next year to 2026 company sources told local media outlet AutoPix on Nov. Yicai , AutoPix, in Chinese ]

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TechNode

JULY 22, 2024

Volkswagen and Xpeng Motors on Monday announced moves that will expand their partnership to develop a highly modern electrical/electronic architecture not only for VWs locally focused electric vehicle platform, the China Main Platform (CMP), but also for the global Modular Electric Drive Matrix (MEB) platform.

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TechNode

AUGUST 14, 2024

General Motorss China operation is reducing its workforce, including staff working on research and development, as part of a broader initiative to reduce costs that could include production capacity cuts and business reorganizations, people familiar with the matter told Bloomberg on Tuesday. GMs China sales declined by nearly half to 2.1

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TechNode

JANUARY 8, 2025

Beijing is planning to revise its rules controlling global access to battery manufacturing technologies in a tit-for-tat move after major Western economies including the European Union and the United States decided to impose punitive tariffs on China-made electric vehicles. South China Morning Post]

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TechNode

OCTOBER 16, 2023

BMWs first locally-made electric Mini vehicle rolled off the assembly line over the weekend at its joint plant with manufacturing partner Great Wall Motor in Zhangjiagang, a city in the eastern Chinese province of Jiangsu, local media outlet 42How reported on Oct. The news comes after the German automaker on Sept.

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TechNode

AUGUST 1, 2023

Toyota announced on Monday that it will enhance its efforts to advance electric vehicle technology in China, as it aims to keep up with increasingly competitive domestic brands in the worlds largest automotive market. One of the worlds top-selling carmakers, Toyota recently detailed an ambitious new EV strategy. Reuters ]

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TechNode

DECEMBER 5, 2023

Hondas joint venture with Chinas state-owned GAC Group made around 900 contract workers, or 7% of its workforce, redundant in late November, becoming the latest Japanese automaker to downsize its operations due to competition with domestic automakers. Nikkei ]

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TechNode

APRIL 28, 2024

billion) to expand a production facility in the northeastern Chinese city of Shenyang, as the German auto major aims to begin assembling its upcoming “Neue Klasse” electric vehicles locally in 2026. BMW announced on Friday it will invest RMB 20 billion ($2.8 TechNode reporting]

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TechNode

AUGUST 30, 2024

Tesla is planning to introduce at least two redesigned Model Y sports utility vehicles in China next year, including a seven-seater, in what is set to be a significant revamp of its hugely popular crossover especially for the Chinese market, LatePost reported on Thursday. LatePost, in Chinese ]

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TechNode

JANUARY 30, 2024

Volkswagen has appointed Thomas Ulbrich, a veteran of more than 30 years at Germanys biggest automaker, as the new chief technology officer in China, hoping to foster the local development of new models to meet the growing demand for intelligent, connected electric vehicles. Volkswagen release ]

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TechNode

OCTOBER 29, 2024

Porsche has begun hiring new engineers for its research and development team in China, aiming to strengthen software development for “digital cockpit” infotainment systems and advanced driver assistance systems (ADAS), sources told 36Kr on Oct. 36Kr, in Chinese ]

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TechNode

JANUARY 26, 2024

BMW China unveiled the redesigned versions of its top-selling 5 Series on Thursday, featuring a spacious 31-inch 8K rear screen and eye-motivated driver assistance tech. The model is tailored to meet the growing demand for in-car digital services among tech-savvy local customers. BMW release ]

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TechNode

JULY 15, 2024

General Motors joint venture with Chinas SAIC on Tuesday introduced an Autopilot-style advanced driver assistance system (ADAS), which the company said would enable its Century model, a luxury multi-purpose vehicle, to handle highways.

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TechNode

AUGUST 2, 2023

Fierce competition in China’s anime, comics, and gaming sector is expected this summer with the release of at least 11 ACG-style games scheduled for August, local media outlet GameLook reported on Monday. GameLook, in Chinese ]

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TechNode

MARCH 13, 2024

Nissan Motor and Honda Motor are planning to slash their annual vehicle output by roughly 30% and 20%, respectively, in China, in the latest major setback to Japanese automakers who have been losing ground as the market shifts to electrification. Nissans car capacity in China will fall from 1.6 million units to 1.1 million to around 1.2

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TechNode

DECEMBER 20, 2024

In meetings with the management and human resources representatives on Thursday, Jiyue chief operating officer Luo Gang gave employees affected by the job cuts more details about the exit process, according to multiple local media reports. TechNode reporting , Caixin , in Chinese]

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TechNode

NOVEMBER 8, 2023

A source at state-owned telecommunications corporation China Telecom has disputed claims that Huawei has a monopoly on the countrys satellite communications, stating instead that there is a minimum technology threshold to be met to implement satellite communications on mobile phones. IThome, in Chinese ]

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TechCrunch

APRIL 7, 2021

ShareChat said on Thursday it has raised a new financing round that values it at over $2 billion, joining four other local startups in attaining the unicorn status this week. The Indian social network said it has raised $502 million in a new financing round — Series E — led by Tiger Global that valued ShareChat at $2.1

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TechNode

FEBRUARY 20, 2024

Nvidia has reportedly hired multiple high-performing ex-Xpeng Motors employees to be part of its automotive team in China. The US chip powerhouse is preparing to meet the growing consumer appetite for automated driving functions with more localized chip solutions and client services.

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TechNode

AUGUST 16, 2023

Tesla plans to establish a local operation team of around 20 people to introduce its Full Self-Driving (FSD) solution into the Chinese market, according to an August 15 report by Chinese news outlet 36Kr. Tesla has dispatched engineers from its headquarters to China for training, a source familiar with the matter told 36Kr.

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