Liu Jincheng, the chairman of leading Chinese battery firm EVE Energy, predicted that there will be overcapacity across the whole battery chain in 2024 at the latest, and only battery products with high quality and low cost will be spared.
Shenzhen-based automotive firm BYD, which has recently faced reports of Warren Buffett's share reduction, released its latest sales data on September 2. In August, BYD's total sales reached a new high.
During a telephone conference following the release of its second-quarter financial report on August 23, XPeng Motors said that it would speed up the pace of new product launches within a price range of 150,000 yuan to 500,000 yuan ($21,850 - $72,838).
Chinese EV maker Li Auto announced on August 18 that the Li L9, an intelligent flagship SUV, has officially rolled off the production line at the firm's Changzhou Base, and will be delivered across the country soon.
The China Passenger Car Association (CPCA) said on July 22 that according to the data of manufacturers' retail target survey and weekly sales trend in July, the retail sales volume of passenger cars in July is estimated to be 1.77 million units.
As Asian cuisines enter the international mainstream, the needs of restaurateurs are soaring. Being rooted in the industry, MenuSifu hopes to help them tackle all kinds of operational problems and grow together.
He Xiaopeng, the founder and chairman of Chinese automaker Xpeng Motors, issued comments through social media on Thursday regarding the gradual recovery of automotive supply chains amid the ongoing global shortage of computer chips.
Chinese electric vehicle maker Li Auto said on Wednesday that the delivery of some vehicles would be delayed because supply chain enterprises located in areas hit by pandemic could not ship products normally.
Amid ongoing pandemic containment efforts, car companies in China are facing supply chain problems. He Xiaopeng, CEO of electric vehicle maker XPeng, expressed his worries on Thursday.
The latest addition to Chinese EV maker BYD's vehicle manufacturing operations will be officially opened at the Fuzhou Industrial Park on April 15th. The plant will mark the fifth of such plants in China.
Shanghai lockdowns are having ripple effects on global supply chains, as factory workers and logistics personnel have been subjected to home quarantine and mass testing.
Is China-focused outbound investment as the theme for our first Fund solid enough? How long could China maintain its supply chain advantage?
Wuhan BSG Technology Co., Ltd., a provider of intelligent manufacturing solutions, announced on Thursday that it has secured nearly 100 million yuan ($15.8 million) in A-round financing.
Wingtech, a manufacturing company that assembles smartphones and other consumer electronics, announced on Thursday that it has carried out a number of business cooperations with an overseas customer.
Chinese chipmaker Semiconductor Manufacturing International Corporation (SMIC) announced on Tuesday that in January and February 2022, the company achieved operating income of about $1.223 billion.
Chinese battery giant Contemporary Amperex Technology Co., Ltd. (CATL) held an investor communication meeting on Monday to respond to a range of concerns.
LinkMore, a clothing supply chain SaaS (Software as a Service) provider, on Tuesday completed an A+ round of strategic financing worth $30 million.
Lehe Food Group Co., Ltd., a major catering supply chain company, completed its Series E financing totaling several hundred million yuan on Monday.
Missfresh is stepping up to improve profitability by developing in-house labels and expanding the scale of direct sourcing as the main problem China’s online grocery sector faces has changed from the last-mile logistics to the first-mile supply chain.
Dingdong Maicai, a fresh food e-commerce brand, held a supply chain ecological summit in Shanghai on Friday, disclosing its supply chain ideas and product development direction to the public for the first time.