Pandaily Digest | Aug 30, 2023
Editor's note: XPeng Motors partners with Didi, unveils first A-class intelligent electric vehicle.
XPeng Motors and Didi Make Official Announcement of Strategic Cooperation
XPeng Motors and Didi jointly announced a strategic partnership. The two parties will leverage their respective advantages and resources to promote the large-scale application of intelligent electric vehicles and related technologies. Link
Headlines from China
SenseTime Lays off Employees in Multiple Departments
On August 28th, recently, multiple current and former employees of SenseTime confirmed that the company is undergoing another round of layoffs, involving some departments, with a requirement for some to leave within one week. Link
BYD Electronic to Acquire Jabil Circuit Subsidiary, Expand Manufacturing
BYD Electronic to Acquire Jabil Circuit Subsidiary for 15.8 Billion Yuan, Expanding Chengdu and Wuxi Manufacturing. Link
Geely Releases Panda Knight Mini Electric Vehicle: Supports Fast or Slow Charging
On August 28th, Geely's sub-brand, the Panda family, added a new model called the Panda Knight. This car is positioned as an A00-level micro-electric vehicle and supports both fast charging and slow charging methods. Link
PDD Expands to Chile and Philippines Amid Warehousing Challenges
PDD expands to Chile and the Philippines, grapples with warehousing and logistics hurdles. Link
News You Shouldn’t Miss
Chengdu Motor Show: Competing in Price, Technology, and Niche Markets
On August 25th, the 26th Chengdu Motor Show opened. New energy vehicle brands have successively launched products, technologies, and price strategies, further intensifying competition within the industry. Link
NIO’s Mobile Phone Plan Is Scheduled to Be Delivered in Late September
NIO released its financial report for Q2,2023. During the performance conference call, William Li revealed that they plan to deliver the smartphone product in late September. Link
Limited-Time Insurance Subsidy of $1,372 for L9/L8/L7 Models
Li Auto announced today that, to celebrate the one-year anniversary of Li L-Series deliveries, cumulative deliveries have exceeded 250,000 vehicles and they are launching a limited-time insurance subsidy campaign. Link
OPPO’s Third Foldable Phone Marks Potential Turning Point for Screen Manufacturers
OPPO releases its third foldable phone, and foldable screen manufacturers are waiting for a turning point. Link
Huawei Mate 60 Pro Hits Early Sale, and Sells Out Upon Listing
Huawei Mate 60 Pro goes on sale early: starting at $960, sold out immediately after being listed. Link
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