Xiangdixian acknowledged that they are indeed "facing certain market adjustment pressures," but emphasized that they had not taken steps toward dissolution or liquidation.
On August 30, BYD's new IP 'Xia' was officially launched. The Dynasty's first mid to large-sized flagship MPV, Xia, will officially be available for sale within the year, with global sales.
On August 30, China's market regulation authorities issued a statement announcing that Alibaba Group has successfully completed a three-year rectification process, "achieving positive results".
Li Auto will solve the appearance issues of battery electric products while providing users with over 2,000 supercharging stations upon delivery. It hopes to enter the first tier of high-end pure electric products within two years.
In response to the news of core member Huang Wenhao joining ByteDance, 01.AI stated that the company structure has been adjusted recently to focus more on the company's business.
Several senior executives from Uber have recently visited BYD's global headquarters and thoroughly discussed cooperation related to global low-carbon travel.
Tata Motors, India's largest integrated automobile company, will purchase electric vehicle batteries from Chinese enterprises to resolve performance issues and achieve supply and technological diversification.
UK e-commerce platform Fruugo announced that it will hold its first seller conference to relaunch the Chinese market on September 12, during which it will officially restart its recruitment.
BYD Electronics will reportedly supply the frame for the upcoming Apple iPhone 16 Pro, taking over from the previous supplier, Jabil's Chengdu operation.
TikTok is testing its local lifestyle business overseas, with the first stop being Southeast Asia. Currently, the business has launched in Indonesia and Thailand.