Zeekr hopes the 001 FR to establish new benchmarks in the supercar field and compete with established brands such as Porsche and Tesla.
Both VW and Xpeng are in a relatively weak market position. Cultural clashes and different mindsets could potentially lead to friction in the partnership.
Established global carmakers can only maintain their competitive positions by learning from the Chinese industry, says AlixPartners’ Stephen Dyer.
TechNode takes a look at the assisted driving software of three leading players in the Chinese EV sector.
Note: This article was first published on TechNode China (in Chinese). Southeast Asian courier company J&T Express has recently submitted its prospectus to list in Hong Kong, with plans to raise from $500 million to $1 billion. Unlike Chinese rivals SF Express and YTO Express, which operated for ten years before going public, J&T Express…
In the intensely competitive EV market, Nio’s price reduction is a strategic move for survival. Nio hopes to capture a larger market share.
This year’s 618 festival encapsulates the escalating price war in China’s e-commerce industry.
“Nio is playing a double sword game, and the outcome remains unknown,” said AutoForesight’s Yale Zhang.
Five years after a Nasdaq IPO, Bilibili faces mounting pressure to reach profitability. Despite 315 million MAUs, the content site well-loved by China’s Gen Z and millennials has yet to find a way to sustain its growth.