Manufacturing

Volkswagen's new electric SUV (ID.UNYX) will debut in Beijing Auto Show 2024.

In the face of China's rapid growth of electric mobility, Volkswagen Group is revving up its investment in the electrification shift in a bid to expand its presence in the Chinese market.

Chinese smartphone manufacturer Nubia Technology unveiled three artificial intelligence-powered smartphones on Tuesday, in a bid to grab a bigger slice of the pie in the highly competitive handset market.

In the evening of March 28, Lei Jun officially released Xiaomi SU7 at the Xiaomi Auto Launch Conference, and announced the price of Xiaomi SU7 that affected the hearts of the entire Internet: Xiaomi SU7 is 215,900 CNY; Xiaomi SU7 Pro is 245,900 CNY; Xiaomi SU7 Max is 299,900 CNY. Lei Jun revealed after the press conference that 100,000 people added wishlists in one minute after the Xiaomi car press conference, and the number of orders exceeded 10,000 in four minutes. As of press time, it took 27 minutes to officially launch (at 22:00 on the 28th) and 50,000 units were booked with down payment.

MG, short for Morris Garages, a vehicle brand owned by SAIC Motor Corporation Limited

Ships loaded with 10,000 MG4 electric vehicles left Shanghai's Haitong port for Europe on Tuesday, marking China's largest single shipment of EVs bound for overseas markets.

In the fourth quarter, the hatchback is expected to be sold in around 20 major nations on the continent. By 2023, it will be available in some 80 countries around the world, said SAIC President Wang Xiaoqiu on Tuesday at the model's launch ceremony in Shanghai.