TechNode

DECEMBER 9, 2024

As of November, a total of 224 models had their prices slashed by automakers this year in China, compared with 150 and 95 models for the full years of 2023 and 2022, respectively, said Cui Dongshu, secretary-general of the China Passenger Car Association (CPCA). and 7.3%, Cui said on his personal WeChat account.

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TechCrunch

DECEMBER 9, 2020

As financial troubles escalate at Danke, China’s authorities are stepping in to hold the once-promising apartment rental and sharing company accountable. Instead of the traditional rental model, Danke relies on an elaborate financing scheme to maintain cash flows. when it went public in January.

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The Verge

JANUARY 31, 2022

The accessory, which is only available in China for now, was released alongside a Chinese New Year software update that includes a companion karaoke app called Leishi KTV. That is similar to certain Tesla Arcade games like Solitaire until it was disabled after coming under scrutiny from the federal government.

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The Verge

JUNE 5, 2020

But Nio also recently finalized a crucially-timed $1 billion bailout from a local government in China, and the price the company had to pay to survive is becoming increasingly apparent. Nio has committed its “core assets” to this new China-only subsidiary. And the final backstop is the government,” Dunne says.

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The Verge

JANUARY 27, 2021

The company generates this money by selling these credits to automakers that make fewer clean vehicles than are required by the US government and the European Union. Tesla shipped 180,667 vehicles total in the fourth quarter, and 161,701 of those were Model 3s and Model Ys.

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TechNode

MARCH 13, 2025

As China pushes for leadership in robotics, this launch strengthens its position in the global humanoid robotics race. For the secondary development needs of research users, the model also offers full access to motor, sensor, and motion control interfaces, along with development guides and sample code, UBTECH added.

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TechNode

FEBRUARY 11, 2025

In the past few weeks, we have witnessed a surge of third-party platforms integrating DeepSeek, a powerful new AI model that is swiftly reshaping the landscape of artificial intelligence in China. Is this the moment when AI in China, particularly Chinese-language AI, finally steps into the spotlight?

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TechNode

OCTOBER 3, 2024

Chinas passenger car sales are expected to rise 4% in September year-on-year and 10.1% An estimate by the China Passenger Car Association (CPCA) said new enery vehicles (NEVs), mainly battery electric vehicles and plug-in hybrids, could expand its market share with a penetration rate of 52.4%, and sales of NEVs could rise 47.3%

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The Verge

MARCH 14, 2021

The Omani Association for Human Rights said in a statement that Oman’s government views “the authoritarian government of China as a role model,” and has banned the app even though it’s used by many Omanis “as a space to express their opinions freely without government censorship.”

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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. TechNode reporting, Reuters , Jiangsu gov announcement, in Chinese ]

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The Verge

FEBRUARY 12, 2021

The companies have approached regulators in the US, EU, UK, and China, reportedly with concerns that Nvidia could change how Arm licenses out its chipmaking technology. Writing to the Financial Times , Nvidia CEO Jensen Huang said he could “unequivocally state that Nvidia will maintain Arm’s open licensing model.

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TechCrunch

AUGUST 11, 2021

In the wake of the scuttling of Ant Group’s IPO , the Chinese government has gone on a regulatory offensive against a host of technology companies. The result of the government fusillade against some of the best-known companies in China was falling share prices. That will slow, at least in China. Edtech got hit.

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TechNode

SEPTEMBER 11, 2023

BMW MINI will start producing pure electric models in China in 2024, with plans to export EVs overseas in the same year, according to a September 8 report by Chinese news outlet Caixin. BMW MINI, known for its compact vehicles targeting the younger end of the driver market, achieved sales of 28,700 units in China in 2022.

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TechNode

JANUARY 4, 2024

US chip giant Nvidia is gearing up to mass produce a range of AI chips including its H20 model for China in the second quarter of 2024, with Taiwanese electronics manufacturer Wistron picked as the major supplier of these GPU (graphics processing unit) substrate orders, according to US media outlet Wccftech.

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TechNode

FEBRUARY 5, 2025

Xpeng Motors emerged as Chinas top-selling electric vehicle startup in January, bumping long-time leader Li Auto off the top spot in the traditional low season, as the company continues to see growing demand for its budget yet intelligent cars. 1-19, according to figures from the China Passenger Car Association (CPCA).

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TechCrunch

MARCH 16, 2022

Driving the day’s trading were comments from Chinese government official Liu He concerning both foreign-listed Chinese shares and the pace of reform in the country’s economy. For example, the NASDAQ Golden Dragon China Index, comprising 93 different U.S.-listed The Exchange explores startups, markets and money.

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TechNode

NOVEMBER 15, 2024

Chinese GPU manufacturer Moore Threads has submitted a filing for an initial public offering (IPO) in the domestic market amid US sanctions this week, according to information from the China Securities Regulatory Commission. Investors include Shenzhen Capital Group, Sequoia China, ByteDance, Tencent Investment, and China Mobile Capital.

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TechNode

JULY 15, 2024

The Chinese government on July 12 announced it had given Xiaomi a production license to independently assemble electric vehicles, meaning the smartphone maker has cleared the official hurdles required to scale up its production independently, without needing its traditional car manufacturer ally BAIC.

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TechNode

MAY 13, 2024

BYD is continuing to expand its Ocean family of electric vehicles, seeking government approval to bring out a smaller version of its Seal sports sedan, according to information revealed by the countrys Ministry of Industry and Information Technology on May 11. The compact hatchback will measure 4.6 meters in length and 1.5

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TechNode

OCTOBER 26, 2023

On Tuesday, US chip giant Nvidia revealed that the US government has instructed it to immediately halt the export of certain high-end artificial intelligence chips to China, as regulators have expedited the enforcement of new restrictions, which were originally scheduled to take effect from Nov.

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TechNode

AUGUST 22, 2024

Chinese electric vehicle maker Zeekr said on Wednesday it has obtained a license to test its Level 3 partially autonomous driving system from the government of the eastern city of Hangzhou, two months after getting a similar permit in Shanghai. Most countries including China have not legislated their use, however.

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TechNode

NOVEMBER 13, 2023

Following a year of negotiations, Tencent and Meta have made a deal for Tencent to exclusively sell Meta’s VR (virtual reality) glasses in China from late 2024, The Wall Street Journal has reported. The less expensive device is scheduled for sale in various international markets in addition to China in 2024. billion.

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The Verge

OCTOBER 25, 2021

According to TechCrunch , Best Buy, Home Depot, and Lowes will no longer be selling security cameras from Lorex and Ezviz after the outlet reported on the brands’ parent companies’ involvement in supplying the Chinese government with surveillance tech. They have reportedly helped supply surveillance equipment for monitoring ethnic minorities.

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TechNode

NOVEMBER 3, 2023

On Thursday, Chinas Ministry of Industry and Information Technology issued guidelines on developing humanoid robots, stating that the robots may be the next groundbreaking products to reach consumers after computers, smartphones, and new energy vehicles. The “limbs” refers to humanoid mechanical arms, hands, legs, and feet.

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TechNode

DECEMBER 7, 2023

Tesla is preparing for a major expansion of the Gigafactory Shanghai, its core electric vehicle production facility in China, in a move that looks set to enable the US automaker to bring out its long-rumored budget compact hatchback, local media has reported. The expansion was put on ice early this year, according to a Jan. last year.

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TechNode

MARCH 15, 2024

Details of new electric vehicle models from Chinese auto and tech majors including Huawei, Xiaomi, and Geely have been leaked online via an official regulatory process. The companies expect the upcoming models, now making a splash online, to become bestselling or otherwise strategically important cars for their brands.

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TechCrunch

JANUARY 28, 2022

Automation and robotics has the potential to modernize China’s manufacturing while improving labor efficiency and alleviating labor shortages. With the influx of capital investment, we’re seeing a partial and cyclical overheating of the market in China. Predictably, companies and investors want to capitalize on this trend.

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The Verge

APRIL 20, 2022

Amid supply chain constraints and production delays in China , Tesla reported that it earned a $3.3 The company generates this revenue by selling these credits to automakers that make fewer “clean” vehicles than are required by the US government and the European Union. Photo by Suzanne Cordeiro / AFP via Getty Images.

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TechNode

MARCH 15, 2024

The Beijing city government-led AI fund was registered and established with other three funds covering pharmaceuticals and healthcare, robotics, and IT in January, with a total injection of RMB 50 billion ($6.9 The exact financing sum has not been disclosed. Caixin, in Chinese ]

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TechCrunch

NOVEMBER 17, 2020

Launched in the Philippines, social commerce startup Resellee wants to recreate the success of Pinduoduo, one of China’s fastest-growing e-commerce companies, in Southeast Asia. Pinduoduo cements position as China’s second-largest ecommerce player. The incredible rise of Pinduoduo, China’s newest force in e-commerce.

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TechNode

APRIL 15, 2024

Intel has disclosed the existence of the two China-exclusive models in its Gaudi 3 white paper , with HL-328 set to launch on June 24 and HL-388 on September 24. Why it matters: Intel’s launch of customized Gaudi 3 chips for China is part of the American chip giants efforts to work within US sanctions on chip exports to China.

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TechCrunch

JULY 28, 2022

Indian government: 1 : It was unclear why the Indian government had ordered to block Battlegrounds Mobile India, Manish reports, but whatever the reason, Google yanked the game from the Play Store in India. Skipping a generation: In China, smartphone sales drop sharply , reports Brian. Let’s goo~ oooo oo — Haje. Battleground: 0.

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TechNode

JANUARY 3, 2025

December once again boasted the strongest month on record with some dizzying figures from automakers, as Chinas car retailing maintained its growth trajectory in the past six months thanks to government incentives and price cuts. BYD officially became Chinas biggest automaker for the first time, selling nearly 4.3

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TechNode

NOVEMBER 26, 2024

The news that China and Europe are moving closer towards a potential agreement regarding electric vehicle tariffs is a very positive message for Chinese automakers to establish a more solid presence in this highly mature and strategically important market, a UBS analyst said on Monday.

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TechNode

NOVEMBER 16, 2023

Images of what could be Xiaomis first electric vehicle model have leaked online ahead of the cars expected launch next year. Xiaomis SU7 Max combines a lidar unit on the roof to measure the distance and the speed of moving objects on the road, according to an image published by Chinas Ministry of Industry and Information Technology on Nov.

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The Next Web

SEPTEMBER 13, 2013

However, this primarily applies to businesses within China and India, where these big firms reside, as they rarely invest in startups outside of those two countries. As I touched on before, China and India have the most mature VC communities. the large government-linked corporations setting up their own venture arms (e.g.

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TechCrunch

OCTOBER 19, 2021

Headlines from China concerning its technology market haven’t been kind in recent months. The Chinese technology market has been rocked by a wave of regulatory actions in recent quarters that changed the business landscape amid crackdowns by the country’s government on other areas of national activity. Let’s talk China!

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