Lexus’s pure electric vehicle high residual value buyback commitment is difficult to fulfill: 90% repurchase price is just talk

The retention rate is something many people consider when buying a car, and some luxury brands even offer related buyback policies. However, when it comes time to use them, some people encounter troubles. Reportedly, Mr. Zhu purchased an RZ series electric vehicle from a Lexus 4S dealership in Shanghai last July. The manufacturer introduced a […]

Lexus’s pure electric vehicle high residual value buyback commitment is difficult to fulfill: 90% repurchase price is just talk Read More »

Ideal Motors has announced a significant price reduction across its entire lineup, demonstrating a high level of respect for its competitors, according to Li Xiang.

Even the “Range Extender King” has to join the price war. Early this morning, Ideal Auto announced two major events. First, they revealed that orders for the new Ideal L6 surpassed 10,000 within 72 hours. However, what caught the attention of netizens was the first announcement—the across-the-board price reduction by Ideal. Not only L7/8/9, but

Ideal Motors has announced a significant price reduction across its entire lineup, demonstrating a high level of respect for its competitors, according to Li Xiang. Read More »

Taobao’s 88VIP Membership Benefits Upgraded: Unlimited Returns with Shipping Included

Today, Taobao’s 88VIP announced a significant upgrade to its membership benefits—unlimited returns with shipping included. Before the upgrade, 88VIP members could enjoy up to 6 vouchers per month for 5 yuan each for returns. Now, after the upgrade, 88VIP members can receive a maximum subsidy of 25 yuan for shipping per return, with no limit

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Chery plans to invest 400 million euros to build a factory in Spain.

Following BYD, another Chinese automotive company making its mark in Europe is Chery Automobile. On April 19th, local time, Chery Automobile signed an agreement with Spanish automotive company Ebro-EV Motors to establish a joint venture in Barcelona, Spain for producing new electric vehicles. According to the agreement, Chery Automobile will commence production of models like

Chery plans to invest 400 million euros to build a factory in Spain. Read More »

The F1 Lenovo Chinese Grand Prix has officially kicked off! Lenovo Group will be providing full technical support throughout the event.

On April 19th, after a long wait of five years and 1832 days, the highly anticipated 2024 FORMULA 1 Lenovo Chinese Grand Prix officially commenced at the Shanghai International Circuit. This not only marked the magnificent return of the F1 Chinese Grand Prix but also celebrated its 20th anniversary since inception. As the official technology

The F1 Lenovo Chinese Grand Prix has officially kicked off! Lenovo Group will be providing full technical support throughout the event. Read More »

Stanford University’s latest AI report has been released: China ranks first globally in AI patents!

Recently, Stanford University’s Institute for Human-Centered Artificial Intelligence, led by Chinese-American scientist and “AI mother” Fei-Fei Li, released the “2024 Artificial Intelligence Index Report.” This 501-page report, described as the institute’s most comprehensive to date, tracks global trends in artificial intelligence development for 2023. The report reveals that from 2021 to 2022, there was a

Stanford University’s latest AI report has been released: China ranks first globally in AI patents! Read More »

China’s First Self-Developed Long-Range Intercontinental Airliner! Kickoff Meeting Held for C929 Project Collaboration

According to the “Large Aircraft” WeChat official account, the kickoff meeting for the C929 project was recently held at COMAC (Commercial Aircraft Corporation of China). Following the opening of the conference, participating experts were divided into six specialized groups: overall aerodynamics, airframe structure, composite structure, avionics, mechanical systems, and propulsion systems, and engaged in a

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The full cast lineup for Peter Chan’s film “Jiang Yuan Nong” has been officially announced: starring Zhang Ziyi, Zhao Liying, and Fan Wei.

Director Peter Chan’s new film “Jiangyuan Nong” announced its full cast today, and the lineup can be described as extensive. The full cast of “Jiangyuan Nong” (in order of appearance by role): Zhang Ziyi, Wang Chuanjun, Jackson Yee (Yi Yangqianxi), Mei Ting, Zhao Liying, Lei Jiayin, Liu Runxuan, Zhang Yu, Anna Kirke, Yang Mi, Kang

The full cast lineup for Peter Chan’s film “Jiang Yuan Nong” has been officially announced: starring Zhang Ziyi, Zhao Liying, and Fan Wei. Read More »

Honda has launched a new all-electric brand called “Ignite” (烨), with plans to introduce six new models in the future.

At the brand’s launch event, Honda officially introduced its new all-electric brand called “Ignite” (烨), announcing plans to launch six models by 2027. Ignite features a newly developed electric vehicle platform tailored to meet the needs of Chinese consumers and will be the first to use the new “H” logo. The “Ignite GT” concept car

Honda has launched a new all-electric brand called “Ignite” (烨), with plans to introduce six new models in the future. Read More »

JAC-NIO collaboration becomes history! JAC Motors: Will no longer manufacture vehicles for NIO.

Recently, photos shared by a NIO car owner show that the new NIO vehicles no longer have the “JAC Motors” badge and now display the “NIO” emblem. This change signifies that NIO has obtained its own manufacturing qualifications and completed the production line transition, now delivering products under the NIO brand rather than utilizing JAC

JAC-NIO collaboration becomes history! JAC Motors: Will no longer manufacture vehicles for NIO. Read More »

One-sentence AI video editing becomes reality! OpenAI’s Sora joins the Adobe suite.

Recently, Adobe announced plans to release AI-powered Premiere Pro within the year, but specific details about the timing have not been disclosed. According to Adobe’s official demonstration, AI-powered Premiere Pro allows users to edit videos with just a single sentence. Users can input text prompts to add, change, or delete objects, add additional shots, and

One-sentence AI video editing becomes reality! OpenAI’s Sora joins the Adobe suite. Read More »

Performance Plummets by 92%: Intel’s China-Specific AI Chip Revealed

According to media reports, Intel has revealed in its Gaudi 3 AI chip whitepaper that it is preparing to launch a “special edition” Gaudi 3 for the Chinese market. The China-specific Gaudi 3 includes two versions: the HL-328 OAM (Mezzanine Card) and the HL-388 PCIe Accelerator Card, with the HL-328 set to launch on June

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Baidu AI Developer Conference: Unveiling New Horizons and Embracing a ‘Developer for All’ Story

At today’s Baidu AI Developer Conference, Li Yanhong announced a series of major news, including that the user base and daily API usage of Wenyi Yiyan have reached 200 million. He also mentioned that the reasoning cost is reduced to 1% of the previous level, and predicted that future large-scale AI native applications will be

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The price of the 512GB iPhone 15 Pro has plunged by over 1000 yuan.

On April 15th, news surfaced that a netizen recently purchased the iPhone 15 Pro Max 512GB version on JD.com for a final price of 10,399 yuan, which is over 1000 yuan cheaper compared to the official price, marking a significant price drop once again. Statistics show that since the Chinese New Year promotion in 2024,

The price of the 512GB iPhone 15 Pro has plunged by over 1000 yuan. Read More »

Porsche China President’s Response to Mii Porsche: “Good design always has a telepathic connection.”

Porsche China President Klaus Zellmer responded for the first time to the “Mii Porsche” incident, stating that good design always has a telepathic connection. Zellmer mentioned that Porsche adheres to unique design aesthetics and pursues functionality, welcoming fair competition. He expressed Porsche’s pleasure in seeing electric vehicle products placing greater emphasis on handling and performance,

Porsche China President’s Response to Mii Porsche: “Good design always has a telepathic connection.” Read More »