This year, NETA Auto surpassed many of its peers in China's electric vehicle market to take the top spot in terms of overall deliveries. But the Chinese automaker is now facing questions about possibly exaggerated delivery figures.
Beijing Borgward, once billed as a rival to BMW, Mercedes-Benz and Audi, officially declared bankruptcy on November 29. The announcement explained that it was drained to pay off its debts but its current assets are not enough to settle the balances.
In recent days, reports about a chip joint venture in China between Tesla and Swiss semiconductor company Annex have attracted a lot of attention, but on November 30, Tesla China said that the EV maker has not established a chip company in China.
XPeng, a leading Chinese electric vehicle company, on November 30 announced its unaudited financial results for the third quarter of 2022. Its total revenues were 6.82 billion yuan ($0.96 billion) for the third quarter, representing a year-on-year increase of 19.3%.
Chinese battery maker CALB announced on November 30 that it will immediately stop selling products that infringe on the patent rights of a rival, CATL, and compensate the latter 2.96 million yuan ($417,577).
On the afternoon of November 28, a collision between multiple vehicles occurred in Taizhou, China's Zhejiang Province. During the accident, a Tesla Model Y collided with two cars, causing two deaths, one injury, and serious damage to all vehicles involved.
DJI released a firmware update for the Osmo Action 3, adding a 10-bit color mode with 1,024 levels of grayscale, up to 1.07 billion colors, more uniform color and less prone to faults.
Earlier this month, Chinese e-commerce giant Alibaba was reported to be officially launching Miravia, a new e-commerce platform for the Spanish market. A source close to the company confirmed this news.
The Africa's Business Heroes (ABH) Prize Competition, a charitable initiative sponsored by the Jack Ma Foundation and Alibaba Philanthropy, announced this year's winners during a livestreamed Grand Finale held in Johannesburg, South Africa.
At 23:08 on November 29, China Standard Time, a Long March 2F carrier rocket holding the Shenzhou-15 manned spacecraft was ignited and dispatched from the Jiuquan Satellite Launch Center.
Meituan, a top Chinese e-commerce platform specializing in home delivery and life services, established the Meituan Academy of Robotics Shenzhen (MARS) in the southern province of Guangdong on November 29.
A software copyright infringement case leveled by ByteDance-owned game developer Moonton against Tencent opened for court sessions in Shanghai on November 29, attracting significant attention from the broader market.
Recently, Chinese nucleic acid testing companies have been controversial and accused of making huge profits during the COVID-19 pandemic. Among them, a company called Nucleus Gene has aroused widespread public doubts.
Southeast Asia, as a rapidly developing emerging region, has always been a popular destination for Chinese enterprises to begin their global ambitions. In this region, Indonesia has the largest land area, economic scale and population, so it is often one of the focal points of expanding enterprises.
In order to advance the global development of Web3 and the metaverse, Huobi has partnered with Tron Network and DMC Labs to jointly launch the world's first national token, the Dominica Coin (DMC).
Chinese consumer electronics giant Xiaomi has recently begun to promote a press conference that will be held at 7 p.m. on December 1, Beijing time. The Xiaomi 13 smartphone series, the firm's first desktop computer and other products will all be released at the event.
During the ongoing FIFA World Cup in Qatar, Abdulrahman Fahad al-Thani, a member of the country's ruling family, has become a hit among Chinese fans. On November 27, he officially set up an account on TikTok's sister app for mainland China, Douyin.
China's leading battery manufacturer CATL is continuing to increase its reserves of lithium mine resources.
Reports have surfaced recently claiming that some newly released PICO 4 VR devices have defective parts, and that the rapidly expanding ByteDance-owned firm is splitting into factions. On November 28, a PICO spokesperson denied these rumors.
Chinese electric vehicle firm NIO and internet giant Tencent signed a strategic cooperation agreement in Shenzhen on November 28. Under the deal, the two sides will carry out in-depth cooperation in the fields of autonomous driving cloud technology, intelligent driving maps and digital ecology.