Pandaily's Digest | Apr 24, 2024
Editor's note: Chinese AI company Mobvoi officially went public on April 24th.
Mobvoi Successfully Goes Public and Become the “First Stock of AIGC”
Chinese AI company Mobvoi officially went public on April 24th, becoming the 'first stock of AIGC', and may also become a pioneering force driving the large-scale model industry in China. Link
Headlines from China
Li Auto Slashes Prices Across Entire EV Lineup
Behind Li Auto's price reductions lies an intensifying competition in Chinese electric vehicle market, which began since the beginning of 2024, following BYD's price reduction. Link
AIsphere Received Funding of Over 100 Million Chinese Yuan
AIsphere is an AIGC visual multimodal algorithm developer, focusing on the research and development of AI video generation large models and applications. Link
Baidu Apollo Gets Involved in the Competition for Vehicles Priced at 150,000 Yuan
On April 22, Baidu Apollo held an intelligent car product launch event in Beijing, focusing on car intelligence and releasing a new upgraded products. Link
Huawei Mate 70 and Pura 80 Series Material Procurement Information Exposed
According to the purchased materials, it is speculated that the upcoming Huawei Mate 70 series will feature a new main camera sensor OV50K, and the Pura 80 series will feature OV50X. Link
News You Shouldn’t Miss
Xiaomi CEO Lei Jun Responds to Huawei’s ‘Interception’
Xiaomi CEO Lei Jun called out to netizens: "If you are really in a hurry to buy a car, domestic NEVs are all good choices, such as LUXEED S7, NIO ET5, XPeng P7 series, etc. Everyone can also consider purchasing them!" Link
Tesla Implements Price Reductions in China and the United States
In a bid to bolster its market position and appeal to consumers, Tesla has recently rolled out substantial price adjustments for its vehicle lineup in both China and the United States. Link
Xiaomi’s Beijing Auto Show Press Conference Is Scheduled for April 25th
Xiaomi will hold a press conference at the Beijing Auto Show on April 25th. Lei Jun will announce the delivery performance within 28 days of listing and reveal some new plans for Xiaomi SU7 in 2024. Link
Hou Yi and Daniel Zhang Jointly Buying Freshippo Is Not True
The founder of Freshippo Hou Yi and former CEO of Alibaba Daniel Zhang's joint purchase of Hema for $2 billion is fake news. Link
BYD Revealed the Official Name for Its Pickup Truck
The BYD SHARK boasts a straightforward design with a robust body, and its charging/fueling ports on the sides indicate its status as a new energy vehicle. Link
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