Pandaily's Digest #20220530
During the 2022 Guangdong-Hong Kong-Macao Greater Bay Area International Auto Show that opened on May 28, the NIO ET5 medium-sized pure electric vehicle was officially unveiled.
NIO ET5 Unveiled, Delivery to Start in September
During the 2022 Guangdong-Hong Kong-Macao Greater Bay Area International Auto Show that opened on May 28, the NIO ET5 medium-sized pure electric vehicle was officially unveiled.
China Prepares to Launch Shenzhou-14 Crewed Spaceship
The Shenzhou-14 crewed spaceship and an attached Long March-2F carrier rocket have been transferred to the launching area, the China Manned Space Agency (CMSA) said on Sunday. A specific date and time for the launch has not yet been publicly announced.
Tesla Shanghai Gigafactory Might Restore Full Production in June
Yicai reported on Sunday that Tesla’s Gigafactory in the Lingang New Area of Shanghai has changed from a single-shift to a dual-shift work system, still adopting closed-loop production amid a local outbreak of COVID-19. The facility’s output capacity is reportedly at basically the same level as before the lockdowns, and it is expected to restore normal production in June.
Tencent President Martin Lau Resigns From Tencent Music Board of Directors
Tencent Music Entertainment Group announced on May 27 that Martin Lau has resigned from the firm’s board of directors with immediate effect.
Mercedes-Benz and Geely’s Smart #1 to Be Launched June 6
Smart, a joint venture between Mercedes-Benz and Geely, announced that the Smart #1, an electric small SUV, will be launched on June 6. At the end of April, the firm opened the model for pre-orders, costing between 190,000 yuan and 230,000 yuan ($28,484-$34,481) after subsidies.
DeepRoute.ai’s Mass-Produced Autonomous Driving Solution Costs Less Than $10,000
At the 2022 Guangdong-Hong Kong-Macau Greater Bay Area International Auto Show on May 28, DeepRoute.ai, an autonomous driving (AD) solutions provider, revealed that its lidar product can reduce costs to less than $10,000 per vehicle following mass production.
Chinese Vending Machine Firm UBOX Applies for Hong Kong IPO
According to the official website of the Hong Kong Stock Exchange (HKEx), Beijing UBOX Online Technology Corp. (UBOX), a Chinese unmanned retail operator, formally submitted an application for a public listing on May 27, with Goldman Sachs, China Securities International and Huatai International serving as joint sponsors.
China’s FAW Denies Takeover of Didi
According to a report quoted by Bloomberg on May 27, China FAW Group, a Chinese state-backed automobile manufacturer, is considering acquiring a significant amount of shares in ride-hailing giant Didi. Regarding this news, FAW has responded to domestic media, stating: “It’s not true.”
BYD Reveals Business Progress in Brazil
According to a record sheet of investor relations disclosed by Chinese automaker BYD on May 27, the firm will aim to further enhance its popularity in Brazil’s passenger car market with the introduction of its Han EV series.
Hozon Auto Releases Tiangong Battery for Initial Use in NETA S
Chinese electric vehicle firm Hozon Auto announced on May 27 that the NETA S model will be equipped with its self-developed “Tiangong Battery.” At present, the firm has completed test work on the battery, focusing on the optimization of safety, the thermal management system and cloud management.