

Michael Liang
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Changan joins hands with Huawei, CATL to launch new EV by end of 2021
The first high-end smart electric vehicle under the so-called CHN framework jointly created by Changan Automobile, Huawei, and CATL will be released at the end of this year, said Wang Jun, President of Changan Automobile, today.
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Huawei achieves mass production of China’s first high-voltage all-in-one electric motors
Huawei said that, as the first of its kind, the system can meet the 2C fast charging experience, and replenish up to 200 kilometers of battery life within 10 minutes
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Huawei continues to lead China’s wearables market with 22.3% share in Q4
In the list, Huawei ranked first with 676.1 million units shipped, up 9.4% year-on-year.
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Ant Financial CEO Simon Hu resigns
Hu played an inevitable role in the establishment and development of Alipay and Ant Financial’s businesses.
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China trio exceed 300 million 5G users
The cumulative number of 5G package users of the three major operators exceeded 300 million.
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NIO will partner with Sinopec to build charging piles in gas stations: market rumors
Sinopec’s official website disclosed on February 26 that Zhang Yuzhuo, chairman and party secretary of Sinopec Group, met with NIO’s founder and CEO, Li Bin (William Li), at the headquarters on February 24 this year.
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Chinese carmakers receive national subsidies totaling RMB 1.29 billion for NEVs
Foton Motor, Ankai Automobile and Zhongtong Bus have received national new energy vehicle subsidies, totaling about 1.29 billion yuan, recently.
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Li Auto opens largest after-sales repair center in Shenzhen
The repair center has 15 seats for electromechanical repair and 12 seats for sheet metal spray painting.
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MIIT to further strengthen quality supervision of new energy vehicles
It would further strengthen the quality supervision of new energy vehicles, promote integration of technologies such as electrification and intelligent connection of vehicles, and promote its high-quality development
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ChipON Micro closes RMB300 million round B fundraising
The financing was led by China Fortune-Tech Capital (under SMIC), Hengxu Capital (under SAIC Capital), and Wanxiang Qianchao