Pandaily's Digest #20220718
BYD announced that it has won an order for 15 electric buses from Spanish public transport firm Arriva. These vehicles will be delivered in 2023 and will be put into operation in Alcorcón, Madrid.
BYD Secures Order From Spanish Bus Operator Arriva
Shenzhen-based auto company BYD announced on July 14 that it has won an order for 15 electric buses from Spanish public transport firm Arriva. These vehicles are expected to be delivered in 2023 and will be put into operation in Alcorcón, a municipality in southwestern Madrid.
Scale of China’s Power Battery Recycling Market to Exceed $5.93B in 2025
Gao Weiqiao, deputy general manager of Huayou Recycling Technology, a power battery recycling enterprise, said at the 7th International New Energy Conference held on July 15 that the power battery recycling field has become a new emerging market unto itself.
Opinion: Beware the Digital Sovereignty Trap
In the world of information and communications technology (ICT), silos and protectionism held sway for much of the 20th century. Things changed in the 1970s when market liberalization and internet-based technology launched a new era of openness and competition that fueled growth and benefited millions of people.
Xiaomi Responds to Being Fined in Italy
The Italian subsidiary of Chinese consumer electronics firm Xiaomi has recently been fined 3.2 million euros ($3.234 million) by local officials. The Italian Competition Authority said the move was because the company had refused to repair its phones with scratches or other minor defects while the products are still under warranty.
Arcfox Alpha S Huawei HI Version EV Officially Delivered
The new HI version of the Arcfox Alpha S electric vehicle model, jointly developed by Arcfox and Huawei, officially started batch delivery on July 16.
China Publishes First Carbon Credit Evaluation Standard for Enterprises
During the 2022 China International Carbon Trading Conference held on July 16, the “Enterprise Carbon Credit Evaluation Standard,” the country’s first carbon credit standard, was officially released.
Huawei to Release Mate X3 Smartphone at End of 2022
Prominent Chinese tech industry blogger with Weibo username “Wangzai Baishitong” revealed on July 18 that the Huawei Mate X3, a new-generation folding-screen flagship smartphone, will be released either at the end of December this year or in January next year, while the Honor Magic V2 will come in the first quarter of 2023.
Realme VP Expresses Long-Term Bullishness on Smartphone Industry
Chase Xu, Vice President and Chief Marketing Officer of Shenzhen-based firm realme, acknowledged that the smartphone market is experiencing normal fluctuations at present, but that he is still optimistic in the long run about the smartphone industry as a vital sector, Cailian Press reported on July 16.
ByteDance Invests in Cryo-EM and AI Biotech Startup Shuimu BioSciences
Beijing-based tech giant and TikTok owner ByteDance has recently ventured into the life sciences sector. Last October, the firm invested in biotech startup Shuimu BioSciences, a company seeking to leverage the power of cryogenic electron microscopy (cryo-EM) and artificial intelligence to revolutionize drug discovery.
Netvios Surpasses 100M Yuan in Round-A Financing
VR games publisher Netvios has announced its completion of A-round financing worth over 100 million yuan ($14.8 million). During the round, the firm acquired strategic investment from OPPO’s Xunxing Investment. The new funds are reportedly to be used for investment in virtual reality content and marketing operations, as well as the layout of its VR ecology.