The joint company is expected to reach an annual production capacity of 300,000 and roll out the first batch of V9 vehicles in 2020.
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Tecno Phantom X2 5G: A pricier mid-end with decent design
Tecno Phantom released the X2, an update to its premium phone series, on Wednesday. And here’re our takeaways on the phone.
Oppo, Vivo to build a K-12 school in southern China
Chinese smartphone brands Oppo and Vivo have joined with education brand Okii to build a K-12 school in the southern Chinese city of Dongguan.
ByteDance rival Kuaishou opens up e-commerce feature to local merchants
Continuing its recent focus on e-commerce, Kuaishou is expanding into the competitive local services market.
WeRide unveils autonomous delivery van project with automaker JMC and courier ZTO
Chinese startup WeRide is testing a self-driving cargo van that can carry out delivery services, partnering with automaker JMC and courier ZTO
Li Auto shares dip on first trading day in Hong Kong
Li Auto is the latest US-listed Chinese tech firm seeking a dual listing in Hong Kong. Its Hong Kong debut met with a lukewarm response.
Meituan begins job cuts to lower costs: report
Meituan becomes the latest Chinese tech major to begin large-scale layoffs. Companies are replacing veteran employees with cheaper new hands.
Chinese education giant New Oriental finds new success in livestream e-commerce
New Oriental is among several tutoring companies pivoting to new business ventures after China’s crackdown on the private tutoring industry last July.
Pinduoduo founder steps down as chairman as users surpass Alibaba
Pinduoduo founder Colin Huang will devote himself to food and life sciences, areas that overlap with the firm’s new business focus.
Sichuan crypto miners told to move out, more Chinese cities try digital yuan: blockheads
Chinese regulators continue a crackdown on crypto-related activities and crypto mining. Officials across China are promoting the digital yuan.