Pandaily's Digest | Apr 19, 2024
Editor's note: Tesla's sales department in China mainly laid off new employees within six months, providing compensation of 0.5N+3.
Tesla China Sales Department Layoffs Mostly New Employees Within Six Months
Tesla's sales department in China mainly laid off new employees within six months, providing compensation of 0.5N+3. Link
Headlines from China
Li Auto’s Li L6 Listed: Starting at 249,800 Yuan, Mass Delivery Will Start in May
On April 18th, Li Auto's luxury 5-seat family SUV Li L6 was officially announced to be on sale with a starting price of 249,800 yuan and will begin mass deliveries in May. Link
Huawei Pura 70 Sold Out in One Minute, With Over A Hundred Units Reserved at the Store
On April 18th, Huawei Pura 70 skipped the launch event and went on sale directly. It sold out in one minute on the online store, with over a hundred units reserved at physical stores. Link
Ericsson Confirms Layoffs in China, Affecting the R&D Department of ‘Core Network’
Ericsson confirmed layoffs in China, stating that the layoffs are aimed at aligning with the company's efforts to diversify its R&D footprint in order to better support its global sales. Link
Baidu AI Cloud Announces the First Launch of Training Inference for Llama3 in China
After Meta launched Llama 3, Baidu AI Cloud Qianfan Large Model Platform announced the first launch of training and inference solutions for all versions of Llama3 in China. Link
News You Shouldn’t Miss
Apple Exceeded Target in Clean Energy Project Development in China
To address greenhouse gas emissions related to customer device usage, Apple has pledged that by 2030, it will offset all electricity used for charging through large-scale investments in new renewable energy projects worldwide. Link
XPeng Motors and Volkswagen Sign A Strategic Cooperation Agreement on EEA
On April 17th, XPeng Motors and Volkswagen Group officially signed the EEA Strategic Cooperation Framework Agreement. The official referred to it as a new milestone in the strategic cooperation between the two parties. Link
Porsche China CEO Addresses Design Similarities Between Xiaomi SU7 and Porsche Vehicles
On April 14th, Michael Kirsch, the President and CEO of Porsche China, addressed the similarities between the Xiaomi SU7 and Porsche during an interview with Chinese media. He suggested that good design tends to resonate universally. Link
BYD’s First New Energy Pickup Truck to be Released Within the Year
BYD has announced that its first new energy pickup truck is expected to be released within the year. The vehicle will be equipped with the DMO super hybrid off-road platform and is being developed for the global market. Link
The Chinese Online Audio Platform Ximalaya Restarts IPO
Two years later, the Chinese online audio platform Ximalaya is making its fourth attempt at an IPO. Link
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