Pandaily Digest|Apr 21, 2023
Editor's note: On April 20th, a netizen revealed that the staff at the BMW MINI booth at Auto Shanghai refused to give Chinese visitors ice cream. BMW responded by saying that it was a misunderstand.
BMW MINI Responds to Rumors of Differential Treatment Towards Chinese and Foreign Visitors
On April 20th, a netizen revealed that the staff at the BMW MINI booth at Auto Shanghai refused to give Chinese visitors ice cream. BMW responded by saying that this was a misunderstanding and they are currently handling the matter. Now, they are holding internal meetings to address poor staff management and will ensure proper training for their employees.Link
Headlines from China
Huawei Launches In-House ERP System MetaERP to Replace Oracle
Huawei announced on April 20 that it has launched a self-developed ERP system named MetaERP, replacing Oracle Corp.’s. Huawei hosted the MetaERP Award Ceremony to recognize the individuals and teams who made critical contributions to this project.Link
CATL and BYD Plan to Start Mass Production of Sodium-Ion Batteries Within This Year
Leading power battery manufacturer CATL will begin mass production of sodium-ion batteries for vehicles in the fourth quarter of this year, according to a report by 36Kr on April 20.Link
Fudan University’s ChatGPT-like Model MOSS Officially Open-sourced
On April 21st, it was announced that the new version of the MOSS model developed by Fudan University’s Natural Language Processing Laboratory was officially launched today. It is the first open-source conversational language model in China with plugin enhancements.Link
News You Shouldn't Miss
Huawei Will Release New Distribution Brand at Its China Partner Conference
On April 21st, during the 20th Huawei Global Analyst Summit (HAS 2023), Huawei further clarified its determination to increase investment in the strategy for small and medium-sized enterprise markets.Link
CATL’s Q1 Net Profit Reaches $1.43B, Gross Profit Margin Exceeds 20%
On April 20th, CATL released an impressive first-quarter financial report. The report revealed that the company achieved an operating income of 89.038 billion yuan ($12.96 billion) in the first quarter of this year, which is an increase of 82.91% compared to last year’s figures.Link
Xiaomi Founder Lei Jun Visits EV Makers’ Booths at Auto Shanghai 2023
On the second day of Auto Shanghai 2023, Xiaomi founder Lei Jun visited several electric vehicle makers’ booths including NIO, XPeng, Geely’s Zeekr and HiPhi. Accompanying him were other Xiaomi executives such as Liu De, co-founder and vice president.Link
Tencent’s Investment Vehicle Distributes Kuaishou Shares
Parallel Nebula Investment Limited (PNI) has distributed approximately 51 million Class B shares of Kuaishou at the request of certain external capital partners. PNI is an investment vehicle indirectly controlled by Tencent Plus Partners (TPP), which is under Tencent. TPP facilitates collaboration with external capital partners by investing with Tencent.Link
Full Truck Alliance Launches Intra-city Freight Brand to Compete with Lalatech
Full Truck Alliance has been a prominent player in long-distance logistics, while Lalatech dominates the intra-city freight market. However, on April 20th, Jiemian News reported that NYSE-listed Full Truck Alliance launched its own intra-city freight brand called “Sheng Sheng”. This move suggests that the company aims to compete with Lalatech in its dominant market.Link
Zeekr Responds to the Zeekr 001 Fire Incident
On April 20th, a Zeekr 001 parked on the side of a street in Xi’an, China caught fire. Fortunately, there were no people inside the vehicle at the time of the incident and no casualties were caused by the fire.Link
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