Pandaily's Digest #20210409
Vipshop in hot water after being accused of selling fake Gucci belts, Xpeng to build factory in Wuhan, BYD launches four new electric vehicle models equipped with Blade Battery, and more.
Chinese Discount Retailer Vipshop in Hot Water After Being Accused of Selling Fake Gucci Belts
Chinese online discount retailer Vipshop has refuted claims that it is selling counterfeit items on its platform, citing an authentication report from a government-backed enterprise as proof.
Huawei Launches Tree-Planting Public Service Campaign in Gansu Province
Chinese telecom giant Huawei initiated a new public service campaign on Thursday, aiming to plant 62,439 trees donated by the company and its consumers across a desert located in China’s northwestern Gansu province.
Xpeng to Build Factory in Wuhan With Annual Capacity of 100,000 Units
Chinese electric vehicle maker Xpeng is building a factory in the city of Wuhan that will have the capacity to produce 100,000 EVs a year, the company announced on Thursday.
TuSimple to Go Public as a Self-Driving Company, Revenue to Be Largely Derived from AFN
Self-driving truck company TuSimple revealed on Tuesday its prospectus with the U.S. Securities and Exchange Commission (SEC), planning to go public on Nasdaq on April 15th with the ticker “TSP.”
Tesla Says Its In-Vehicle Cameras Aren’t Activated in China
Tesla told Chinese consumers that cameras installed in its cars aren’t activated outside of North America, in response to privacy concerns about sensitive data being collected by in-cabin cameras and shared with the US automaker.
Buffett-Backed BYD Introduces Four Electric Vehicles Equipped with Blade Battery
Chinese automaker BYD launches four new electric vehicle models equipped with Blade Battery in Chongqing on Wednesday.
The Rising Ride of Women EdTech Leaders
Recent data from HolonIQ has revealed just 13% of EdTech CEOs and leaders are female, despite 75% of public-school teachers and 54% of public-school principals being represented by women.