A cash injection into would-be EV maker Faraday Future is being made on behalf of the government of Zhuhai, a source tells TechNode.
Up and Comers
Exclusive: Faraday Future to get $310 million lifeline from Chinese state-owned enterprises
A cash injection into would-be EV maker Faraday Future is being made on behalf of the government of Zhuhai, a source tells TechNode.
Autonomous car startup Uisee raises $150 million from state-backed fund
Uisee is benefiting from investor interest in Chinese AV startups as the Covid-19 pandemic pushes unmanned transport applications.
Shares of Evergrande EV unit surge 50% after raising $3.4 billion
China Evergrande New Energy Vehicle Group closed the sale of 952 million shares to six investors for a total of $3.35 billion)
Honor unveils first handset since Huawei split
The launch shows that the split is an initial success, as the Honor phone contains technology that Huawei still finds difficult to acquire.
EXCLUSIVE: Binance, Poly Network to launch cross-chain interoperability
The Binance Smart Chain and Poly Network partnership will allow dapps built on the two networks to transact tokens and exchange information.
BEYOND Tech Expo to kick off in Macau
Held in Macau, BEYOND will highlight how technology disrupts traditional businesses and addresses global sustainability issues.
Self-driving startup WeRide raised $200 million in Series B1
WeRide, the first testing fully driverless cars on Chinese open roads, is also promising a fully hands-free minibus.