Pandaily's Digest #20220620
The education business within ByteDance has reportedly undergone significant adjustments, including the laying off of about 3,000 employees.
ByteDance’s Education Business Conducts Mass Layoffs
The education business within ByteDance has reportedly undergone significant adjustments, including the laying off of about 3,000 employees. The total number of staff in this division is less than 5,000, domestic media outlet Cailian Press reported Saturday.
Porsche China Recalls 6,172 Imported Taycan Electric Vehicles
According to the State Administration for Market Regulation on Friday, Porsche China will recall a total of 6,172 models from its 2020-2021 series of imported Taycan pure electric vehicles manufactured between January 7, 2020 and March 29, 2021. The recall will begin on July 30.
New Oriental Education to Build Supply Chain for Live-Streaming
Chinese private tutoring institution New Oriental Education is trying to build its own supply chain for its “Oriental Selection” live-streaming channel which has recently gained popularity through bilingual introduction, local media outlet The Paper reported on Friday, citing people familiar with the matter.
Alibaba’s Cainiao to Build Two Intelligent Delivery Distribution Centers in Pakistan
On Friday, Cainiao, a logistics company owned by Alibaba, scheduled its first shipment for core equipment and components required for the construction of the upcoming distribution center in Pakistan from the port in Shanghai, China.
China Launches Third Aircraft Carrier
The naming ceremony for the launch of China’s third aircraft carrier was held on Friday morning at the Jiangnan Shipyard, owned by China State Shipbuilding Corporation Limited (CSSC). National institutions will carry out mooring and navigation tests as planned in the future.
NIO Unveils Patent for Cylindrical Batteries
An Anhui subsidiary of Shanghai-based new energy vehicle firm NIO released a patent regarding a “cylindrical battery” on Tuesday. According to public information, this patent is expected to solve the problem of a low utilization rate in the effective height of a battery cell, caused by the fact that the existing cylindrical batteries mostly have pole ears at both ends.
Undercover Photos of BYD’s “Seagull” EV Leaked
A series of undercover photos showing BYD’s new small pure electric vehicle named “Seagull” have recently been leaked on Chinese social media platforms.
The BYD Seagull is expected to be a hatchback model with a short front and rear. The front is expected to feature BYD’s latest family design with upward headlights. The four wheels of the new car are placed at the four corners of the body, so it seems to be a flexible car suitable for urban transportation.
Sunwoda Subsidiary Establishes Power Battery Joint Venture
Power battery manufacturer Sunwoda announced on June 17 that its subsidiary Sunwoda Electric Vehicle Battery Co., Ltd. (Sunwoda EVB), jointly invested with Dongfeng Motor Corporation and Dongfeng Hongtai Holdings Group Co., Ltd., is setting up a joint venture company. Specifically, Dongfeng Motor Corporation Group holds 87.24% equity of Dongfeng Hongtai Holdings Group.
Automated Driving Startup DeepRoute.ai Partners With Deppon Express
International automated driving enterprise DeepRoute.ai on Saturday reached a new cooperation agreement with Deppon Express. Under the arrangement, DeepRoute.ai’s automated driving trucks will provide year-long regular freight transit services for Deppon Express, ensuring safe and efficient delivery of express shipments. This is the first commercialization project for L4 self-driving light trucks to be put into practice in China.
CATL Launches EVOGO Battery Swap Service in Hefei
The EVOGO battery swap service of Chinese industry giant CATL was officially launched on Saturday in Hefei, Anhui Province. In April, CATL started its EVOGO battery swap service in Xiamen, making it the world’s first city to be included in the scheme.