EU launched an investigation Wednesday into subsidies given to #EV makers in China (including #Tesla) and is considering raising tariffs.
It seems biased given that EU countries themselves also have preferential policies or subsidies for the EV industry.
https://t.co/t4fnhlsj22
#Alibaba hosts the #CoCreate Conference in Las Vegas from September 7 to 8, bringing together suppliers and buyers and launching a suite of AI tools to enhance global sourcing.
We are on-site, experiencing the vibrant pulse of American entrepreneurship.
https://t.co/DXU2R8gOHK
#Tesla just released an updated version of its #Model3 vehicle in China with a starting price of 259,900 yuan ($35,809.75), the company's website showed.
After a two-year freeze on "going public in the US," Chinese companies are back in the game.
#Zeekr, #WeRide, and others have been given the "green light" to list in the US.
Will Chinese firms be able to recreate a sensation on the market?#IPO#tech
https://t.co/l6kfrPzSJd
@ZEEKRGlobal announced the 1st batch of 001, the 1st exported model, is off to the Netherlands today. This marks the start of Zeekr's international expansion. Deliveries of Zeekr 001 will begin in Sweden and the Netherlands this year, expanding to 6 countries by 2024 & 8 in 2025.
📉 #SaaS in China is facing profitability challenges, leading some to question if "China even needs SaaS."
🌧️ The industry is going through a chilly phase, with financing deals plummeting.
🤔 What's causing the downturn in this once red-hot industry?
https://t.co/E5RH7sSOMz
The 1st batch of Euro-ready Zeekr 001 is off the assembly line at @ZEEKRGlobal Ningbo Hangzhou Bay smart factory, marking a milestone in its Euro strategy. From presales to production in just 35 days, Zeekr's speed sets a new record for Chinese car brands abroad.
HongShan to open #Singapore office, stepping up competition with Sequoia India
#SequoiaCapital, the legendary #SiliconValley#VC, split off its China and India businesses in June and rebranded them as "HongShan" and "Peak XV Partners" respectively.
https://t.co/lVHh0TBxsu
China's financial regulators wrap up makeover of #Alibaba's #Ant & #Tencent's Tenpay
The two fintech giants were fined a total of 10 billion yuan ($1.38 billion)
Since late 2020, regulators have been strengthening supervision in the #fintech sector.
https://t.co/D6lH0ku1mm
#ElonMusk believes China will have very strong #AI capability
On Thursday, the #Tesla CEO attended the World Artificial Intelligence Conference (WAIC) in Shanghai virtually.
https://t.co/jBfxEdwNJ9
#Temu, the shopping app owned by #PDDHoldings, enters Japan on Thursday.
The platform's potential to establish a unique position remains uncertain as Japanese 100 yen chains maintain a clear advantage in terms of quality, variety, and affordability.
https://t.co/xqo41RnvIx