Xiaomi founder, chairman and chief executive Lei Jun on Wednesday marked the roll-out of the firm’s 100,000th electric vehicle (EV) from the assembly line with a social-media post of himself sleeping on the factory floor, paying homage to what Elon Musk did during the early days of Tesla. In a post published at 7:57am on … Read more
China is anxious to fend off the European Union’s “divide and conquer” tactics during their electric vehicle (EV) tariff negotiations to maintain a united front and steer future talks, analysts said. Chinese EV manufacturers should, they added, also not be influenced as the EU insists on the right to approach firms individually. China and the … Read more
Tesla’s plan to roll out its advanced driver-assistance package in China could face delays because of issues around mapping and data security, according to local media. Tesla has Chinese government support for trialling some self-driving features, but a launch is hindered by the fact that no full self-driving (FSD) systems have been approved for use … Read more
Chinese netizens and industry insiders closely followed Tesla’s much-anticipated “We, Robot” event on Thursday night US time, with mixed feedback given that China is already offering robotaxi services ahead of Elon Musk’s plans. Tesla live-streamed the event across almost every major Chinese social media platform, including WeChat Channels, Douyin, Kuaishou, Xiaohongshu, Weibo, and Bilibili. It … Read more
Chinese electric vehicle (EV) maker Xpeng has embarked on a new camera-based technology to enhance autonomous driving, fitting it into the P7+ sedan that it plans to launch in the local market starting next month. Its new self-driving system fitted with Eagle Eye hardware and software has proven to be more accurate in information collection, … Read more
A new feature on Alibaba Group Holding’s Taobao app lets potential car buyers test drive Xiaomi’s SU7 electric sedan virtually through Apple’s Vision Pro headset, the latest example of Chinese tech companies employing cutting-edge technology to compete for customers. Launched earlier this week as part of an update to Taobao’s Vision Pro app, the new … Read more
Hangzhou-based Alibaba, owner of the South China Morning Post, on Thursday signed a deal to sell 26.5 million Baozun shares to Champion Kerry for US$21.8 million, according to Baozun’s latest regulatory filing. Those shares represent about 14.4 per cent of the total outstanding shares of Baozun as of March 31 this year. That transaction followed … Read more
Chinese electric vehicle (EV) start-up Xpeng said its partnership with Nvidia has not been affected by tighter US trade sanctions, but it will keep its options open with local suppliers. “We’re very happy with our collaboration with Nvidia and other silicon partners,” Brian Gu Hong-di, vice-chairman and president of Xpeng Motors, said during a press … Read more
AeroHT, an affiliate of Chinese electric vehicle (EV) maker Xpeng, has started the countdown for the commercialisation of its flying car and plans to start taking pre-orders in the fourth quarter of this year. The company, controlled by Xpeng co-founder and CEO He Xiaopeng, said in a statement to the Post on Friday that it … Read more
By March 2023, Alibaba had lost three quarters of its value from the peak in October 2020, as the e-commerce giant, once seen as China’s answer to Amazon.com, faces questions on whether it can recapture its former glory while dealing with China’s economic slowdown, regulatory scrutiny and fierce competition from old and new rivals. The … Read more
