Chinese fast-fashion e-commerce platform, Shein, has reportedly submitted an application to the U.S. Securities and Exchange Commission in secret, to prepare for a U.S. listing. It will be one of the largest IPOs in the U.S. securities market in recent years.
On November 21st, CATL announced that it has signed a strategic MOU with Stellantis Group to supply lithium iron phosphate batteries to the group in Europe.
Based on its performance in the first nine months of the year, with the arrival of "Black Friday" and Christmas, Temu may well exceed its annual GMV target of $15 billion.
Pony.ai has received a $100 million investment from NIF. The two parties will also establish a joint venture in NEOM to produce and operate autonomous taxis.
During the 3rd Belt and Road Summit, Didi, together with its Brazilian partner, signed a cooperation agreement in the fields of green transportation and digital payment.
BYD will establish a joint venture with Uzavtosanoat JSC to set up the "BYD Uzbekistan Factory" for the production of electric vehicles and hybrid electric vehicles.
Tesla's Shanghai factory has adopted integrated die-casting technology to achieve rapid molding, reducing the cost of automotive underbody by 40%.
PDD expands to Chile and the Philippines, grapples with warehousing and logistics hurdles.
SHEIN invests in Forever 21's parent company, embarking on new attempts: e-commerce platform and offline experiments.
Stellantis NV, the second largest car manufacturer in Europe, is considering partnering with a Chinese electric vehicle company including Leapmotor to enhance its influence in China, the world's largest automotive market.
Tesla's response to Grace Tao's visit to Shenyang: No plans for building a factory, it is a normal friendly exchange.
Fafa Automobile (Hubei) Co., Ltd. was established with Wang Zhigang as the legal representative. Faraday Future plans to relocate its FF China headquarters to Huanggang while retaining its global headquarters in Los Angeles, California.
On August 16th, the Thailand Board of Investment announced that Changan has applied to build an electric vehicle and hybrid vehicle factory in Thailand.
LinkedIn Workplace will cease its services in China starting today.
Missfresh secures $27 million in new financing, with stock price surging over 100%.
July 31st news, BYD Japan announced that its authorized dealer Wing will open the store 'BYD AUTO Yamanashi' in Kofu City, Yamanashi Prefecture on August 4th. This is also BYD's eighth store in Japan.
On May 31st, it was reported that Tesla China reopened the reservation page for the new Roadster electric sports car on the evening of May 30th. The deposit remains at RMB 332,000 (about $46,700 USD) and can be refunded at any time before delivery.
Tesla has started selling the Model 3 and Model Y vehicles made in China in Canada, marking the completion of the company's first batch of shipments from its Shanghai factory to North America.
Amazon Appstore has sent out an email reminder stating that starting from July 17, Amazon China will no longer provide App Store services.
Starting from May 29, 2023, Tesla China will recall a total of 1,104,622 imported Model S, Model X, Model 3 and domestically produced Model 3 and Model Y vehicles manufactured between January 12th, 2019 and April 24th, 2023.