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Pandaily

Pandaily is a Beijing-based media company. Equipped with a deep understanding of China’s technology landscape and the unicorns that drive its innovation, our mission is to deliver premium content with contextual insights on Chinese technology, business, sports and culture to the worldwide community.
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Tesla Pays Off $1.4 Billion Loan in China Ahead of Schedule, US Headquarters to be Moved to Austin

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Twitter user “JPR007” tweeted on October 4 that Tesla had repaid its loan in China in full. The user pointed out that Tesla’s balance sheet in...

NIO Announces Opening of Operations in Norway, New ES8 Priced at $69,151

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Chinese electric vehicle maker NIO announced today that NIO House in Oslo, Norway will officially open on Friday. The new location has a total...

CATL Acquires Canadian Lithium Company Millennium for C$377 Million

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The bidding competition over Canadian lithium company Millennium has come to an end as Chinese lithium giant, Contemporary Amperex Technology Co., LIMITED (CATL), won the...

Tesla Issues Comment on Its Suing Model S Owner for Infringing Reputation

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A Tesla car owner took Tesla to court after buying a second-hand Model S from its official website without knowing the car had suffered...

Xpeng P7 Crashes into Rear of Truck While Using NGP Automatic Navigation Assisted Driving System

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On September 23, some netizens in China broke the news that a Xpeng P7 owner was using the NGP automatic navigation assisted driving system...

Tesla to Increase Investment and R&D in China

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At the 2021 World Internet Conference held in Wuzhen, Zhejiang Province on Sunday, Tesla CEO Elon Musk said that Tesla will continue to increase...

Huawei Executive Lu Hongju: Next Year Key for Construction of Level 3 Conditional Driving Automation Standard System

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The Autonomous Networks Industry Summit was held in Beijing on Thursday. At the event, Lu Hongju, President of Huawei’s Public Development Department, said that...

Li Auto Software Update Contains Overlord Clause; Delivery Volume Expected to Decline in Q3

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On September 18, some Li Auto users received an update notification by their intelligent software system but found that the system needed to obtain...

How Can China’s Car Exports Avoid Impact of Global Chip Shortage? National Bureau of Statistics Responds

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China’s State Council Information Office on Wednesday held a press conference to discuss the operation of the national economy in August. According to data...

Evergrande Auto’s HK Stock Closes Down Over 24%

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Evergrande Auto closed down 24.66% to HK $3.88 per share on Tuesday, with a total market value of HK $37.904 billion ($4.873 billion). Previously, Evergrande...
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