CATL and Autoflight signed a strategic investment and cooperation agreement, with CATL exclusively investing hundreds of millions of dollars in Autoflight.
Around 200 small and medium-sized merchants recently staged a protest at the Guangzhou headquarters of Temu, expressing grievances over substantial penalties inflicted by the platform.
In just one year, LiblibAI has amassed nearly 10 million professional AI image creators and over 100,000 original models, producing more than 230 million AI images.
BYD's South African subsidiary has reached an agreement with Golden Arrow, a well-known bus operator in South Africa, successfully securing an order for 120 buses.
According to the latest statement, the focus of their joint effort will be on enhancing the CMP and MEB platforms of Volkswagen vehicles produced in China.
There are rumors that hundreds of Volkswagen engineers have moved into the XPeng Motors headquarters. XPeng declined to comment on the matter, but stated that detailed information about cooperation with Volkswagen will be disclosed next week.
PwC responds to layoffs of employees in China: "This is a difficult decision, and we have optimized the organizational structure based on market demand."
